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QQQ BullPut spread ROI 47% and 3.2RRR
Invesco QQQ Trust, Series 1
QQQ BullPut spread ROI 47% and 3.2RRR
By tlcgharvest
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Updated
Sep 5, 2017
5
1
1
Aug 23, 2017
Reward 0.64
Cost = 2 - 0.64 = 1.36
Target ROI = 47%
Risk
SL
= 0.92 when price hit $2 ITM
= 0.92 - 0.72 = 0.20
RRR = 0.64 / 0.20
= 3.2 : 1
Sep 1, 2017
Trade active
Moved SL up to protect profits
Sep 1, 2017
Note
Planned another 2 trades at Resistance
Sep 5, 2017
Trade closed: stop reached
ROI 35%
Chart Patterns
nasdaq
puts
put-spread
QQQ
Trend Analysis
tlcgharvest
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