Happy Father’s Day to all of you who are dads!
Looking back at the week that was, the QQQ pretty much did exactly what I said it would and that trade I posted last sunday night paid off well for me, I was short over 200 put spreads at $269 and lower. The overall markets still have a ton of question marks but overall i favor selling put spreads on the QQQ well below 269, from my friday post you can see I have one I put on at 255/250 for this week, you can see the pre covid highs on the chart below aren’t far away. For the time being I will continue to sell put spreads below the 200 weekly, well below it, but as great as that trade is, that is not my best trade for the week. That would be an individual name this week…….
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