New Trade: QQQ

Entered an intra-day trade on the QQQ’s. The markets were down again today and indicators signaled a trade so, I went in. This trade wasn’t as quick as the one yesterday. Position hadn’t reached my exit point by market close so, I am still in the trade.

I purchased 2 Mar 65 put options at $0.51. My exit point is $0.70, loss limit $0.45. Here’s a look at my potential profit:

Shares or Contracts Purch Price Capital Out Sell Price Capital In Comm & Fees Gain / Loss

% Gain & Loss

2 0.51 102.00 0.70 140.00  10.00 28.00 27.5%

Here are my charts for this trade:

130221 QQQ


One thought on “New Trade: QQQ

  1. Pingback: Trade Update: QQQ | Tela's Trading Journal

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