Options
QQQ Put Credit Spread - 10% RoM As the title says, simple put credit spread, was enterred at noon today when we were green. THe position is currently being tested to the downside. I debated turning this into an IC as well just like the other trades from today, but I feel that QQQ would be the one to turn around the quickest and I do not want to end up in a scenario where my call side gets blown out.
500 BP used - 0.58 credit recieved.
TWTR Short!As you all know, TWTR has been in a pretty steep down trend for about the last 6 month. Nothing right now is really telling me a reversal is coming, especially with the way the entire market has been preforming in 2022. However, I don't like trading based off trends alone. So, I have identified a continuation pattern with the bearish rising wedge above. One of my favorite patterns to trade but remember the importance of setting entry, targets, and stop losses!!
Good luck!
Not advice, just speculation (: