Exit QQQ 189 Puts

Posted at: April 26th - 9:13 AM

Weekly Option Alert

Alert Message

For those remaining in the QQQ 189 Puts I suggest selling in the first 5 minutes today. We got an initial lift 30% and the play faltered. We got the news we anticipated in the semi conductors last night which brought the market down to where we would make a profit then news of the Chinese leader coming to the White House boosted the markets, to top it all off the GDP number this morning was much better than expected. Markets are going higher into a early May with a pullback coming in the first two weeks of May.

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