Read the chart. Building a short position via puts. Half position at a time, never more that 2 half positions. Take profits on 2nd half position to lower cost of 1st half position. My original QQQ puts approaching paid for.
Note
The small pink 3 "could be the end of a corrective c wave. No way to know for sure. If the 2-4 red trendline gets busted, look for strong sell off.Note
Closed most recent puts for $1.10 profit. Still hold 1/2 position. Debating an exit and re-enter at red 5.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.