Trade Alert 4/10/2025

We are placing a very short-term bear call spread on QQQ. This has an expiration of tomorrow. We would like to use this to get “short” QQQ in some capacity (probably through options) if we continue to bounce. This is a low reward/higher risk strategy. Sell to open:  QQQ April 11th (weekly) 465.00 strike call Buy to open:  QQQ April 11th (weekly) 468.00 strike call Credit:  0.64 Max risk = 2.36 or $236.00 per spread Max reward = 0.64 or $64.00 per spread If QQQ surges sharply, we will likely roll this out to a later expiration. If it expires we plan to use the income to purchase a very short-term bearish spread in the near future.