Trade Alert 8/28/2023

We entered into a new Bear Call Credit Spread in QQQ this morning. We will discuss live in class. Buy to open: QQQ Jan 19th, 2024 (monthly) 390.00 strike call Sell to open: QQQ Jan 19th, 2024 (monthly) 380.00 strike call Credit:  4.55 Max reward = 4.55 or $455.00 per spread Max risk = 5.45 or $545.00 per spread