Epic Trades - Closing QQQ Calls - 9/27/2023
By David Prince
We're getting a bounce in stocks this morning and will use the opportunity to close the rest of the $QQQ call position, avoiding further time erosion. Conditions are still choppy and messy so booking small wins as they come makes sense.
$QQQ is trading near $355.50 pre-market. As long as that level or higher once the market opens, sell to close the rest of the position.
- Sell the rest of the $QQQ Oct 3 $360 calls to close the position.