Exit SPY and QQQ puts Posted at: April 24th - 11:19 AM Weekly Option Alert Alert Message I suggest exiting these positions if you remain in them. Q's gave us 59% and the SPY roughly 30%. dave Limits & Stops SELF DIRECTED TRADERS: Weekly Option alerts should be traded with 50% stop loss targeting 20% - 50% returns. Additional Trades View all recent trades. Weekly Options Instructions All options are buy to open, sell to close. Options follow the following format: Stock + Expiration Date + Option Type + Strike Price. Example QQQ201220C120 = QQQ 2020/12/20 Call $120. Read Weekly Options Guidelines for more information about how to trade our Weekly Options strategy.