First, we were stopped out on our -30 shares short of QQQ for a loss of -$99.30.We entered into a stock trade in ZM as follows:
Bought 20 shares of ZM at 71.12
Sell stop loss below at 66.20 good til canceled (GTC) orderWe took profits on our ABBV call butterfly spread as follows:
Sell to close: ABBV Oct 20th (monthly) 150.00 strike call (ratio of 1)
Buy to close: ABBV Oct 20th (monthly) 160.00 strike call (ratio of 2)
Sell to close: ABBV Oct 20th (monthly) 170.00 strike call (ratio of 1)
Credit: 4.10
We bought this for 2.20 debit, the result is a profit of +$200 per spread.