Hello Investors,
Today we discussed our positions through options expiration and there isn’t much that needs to be done. The Disney 1×2 call spread will expire for a loss of -0.50 per spread. The SPY Bear Call spread will expire for a gain of +0.50 per spread. In addition, we will take ownership of some shares.
We have a new trade calendar spread (sideways expectation) in the Nasdaq 100 ETF (QQQ).
Buy to open: QQQ June 19th (monthly) 181 strike calls
Sell to open: QQQ April 17th (monthly) 181 strike calls
Debit: 6.50
Have a great weekend!