Invesco QQQ Trust, Series 1

Short

Pair trade idea: short #QQQ and long #SPY 1:1

Updated

I think this ratio is bound to go lower here, should be a good trade to put on, roughly 33% size needed to get a good enough exposure to it. It is capital intensive so it is probably easier to do with futures contracts.

Cheers,

Ivan Labrie.

Trade closed manually

Not much of a move here. I'm not in it anymore.
I'm net short Nasdaq, mostly hedged and selling premium for yield.

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ivanlabrie.substack.com/

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