Tuesday, March 5, 2013

Close to Adding to QQQ April $68 Puts

This is a VERY parabolic move (they typically end badly), it is easier seen on the continuous futures than the NASDAQ/ QQQ...
I'd like the 5 min NQ to turn down, although it's already in the same negative divergence we have used to take on past weekly Put/Call positions.

Don't be surprised to see a post very soon adding to April QQQ $68 puts.

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