Trade Alert 5/20/2024


We exited our QQQ put butterfly for a very small profit. We will discuss live in class in a few minutes.

Sell to close:  QQQ May 24th (weekly) 453.00 strike put (ratio of 1)
Buy to close: QQQ May 24th (weekly) 445.00 strike put (ratio of 1)
Sell to close:  QQQ May 24th (weekly) 437.00 strike put (ratio of 1)
Credit:  1.65
Profit of +0.13 per spread