Epic Trades QQQ Idea 9/26/2023

By David Prince

I am watching $QQQ for a bounce.

It hhas been working steadily toward the $354.71 pivot that we've been watching for days.

Now it's close and should be able to get a bounce. We're buying Oct. 3 $360 calls.

The trade:

  • Buy $QQQ Oct. 3 $360 calls at $2.30 or better
  • Sell half as they move up by 25%
The market is a bit ugly here. So we want to be sized properly (smaller) and remain strict with the entry (don't pay too much), and take some profits quickly.
Back with more.