Credit spread, I did a bear spread on QQQQ, Long October 42 and short October 37, Net credit is 3.25. Max loss could be 175 per contract and max profit could be 325 per contract. Could be profitable if we drop only 50 cents and swing to negative if we go higher. Farooq
Farooq This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.