Invesco QQQ Trust, Series 1Updated LAST TRADE MADE 102% ROI...LETS DO ANOTHER!
THIS CAN GO EITHER WAY...BUT WE HAVE THE PLAN FOR BOTH!
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WE BOUGHT OCT 2ND 280 CALLS AT $2.80 DURING AT 11:30AND WE BUY AGAIN IF QQQ CAN BREAK ABOVE VWAP AND ACCEPT BEING ABOVE IT.
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IF QQQ TRADES ABOVE LAST HIGH 281.45 WE WILL ADD TO OUR 280 CALL POSITION.Trade active
WE ADDED TO OUR CALLS AT $2.40. SO WE HAVE $2.60 AVG NOW AND 50% ROI WOULD BE $3.90 TARGET. WE HAVE AN OCO WORKING AS FOLLOWS:SELL $3.90 LIMIT GTC
SELL $2.60 STOP GTC
WE WILL GO INTO PAYROLL FRIDAY FLAT IF THIS ORDER FILLS
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WITH 45 MINUTES LEFT IN THE DAY OUR 280 CALLS HIT $3.81 JUST MISSING OUR LIMIT PRICE OF $3.90. SO WE RAISED OUR STOP TO $2.86 FROM $2.60 BREAK EVEN. IF THIS FILLS IT LOCKS IN 10% ROI.IMPORTANT THAT WE CLOSE ABOVE 281.79 OPEN.
Trade closed: stop reached
CLOSED OUT AT $2.86 = 10% ROI
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