Stock, Option and Futures Trading
We entered QQQ 58 AUG calls yesterday for $1.50. Today the market is up like we expected but we are going into the weekend. This is why we are only in half position. The market is at a very important time and price level.
We will just stick to half position going into the weekend on the QQQ
The nQ’s are up 32 as of right now off the support low.
PS. The TF levels were 800 – 796 as support and from that low the TF is also trading higher. It will be important if we can hold the gain of today into the close and into tomorrow. As long as we hold the 796 low the TF is still bullish.