Opened (Small Account): QQQ October 22nd 350/355 SPV*
Selling premium in the QQQ's in the expiry nearest 45 days and looking to collect at least 10% of the width of the spread in credit.
Collected .57 in credit here and will look to take profit at 50% max. 12.9% ROC at max as a function of buying power effect; 6.4% ROC at 50% max.
* -- Short Put Vertical.
Collected .57 in credit here and will look to take profit at 50% max. 12.9% ROC at max as a function of buying power effect; 6.4% ROC at 50% max.
* -- Short Put Vertical.
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