Intraday Update: QQQ, SPY

By Dan Darrow

November 03, 2022

Intraday Update: QQQ, SPY

We are going to adjust the QQQ and SPY hedges lower as both are hanging under the bottom of the spreads in later afternoon action:

The QQQ Dec16 $275 - $265 put spread will be closed and a Dec16 $260 - $250 put spread will be opened.
The SPY Dec16 $385 - $375 put spread will be closed and a Dec16 $370 - $360 put spread will be opened.

Open Positions

* The following Open Positions pertain to the Options In Play trade ideas from this and previous editions. Disclosure of the Trader Co-Author’s actual portfolio holdings, as of the date of each publication, is made below under "Trader Author Portfolio Holdings.".

Trader Author Portfolio Holdings

**As of the date and time of publication

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