DayTrading QQQ Swings (QQQ)

[jkjungwirth]

What a fun day. I bought some FAS after hours yesterday and dropped it today a little after the open for a small gain. It has since dropped like a lead ball again. At the same time I sold some QQQQ's calls and bought some more puts. Sold those at around 25.80 for a very nice gain and then bought back some calls. Gotta love the volatility. At least when you are on the right side. Now holding some 26 calls and still hanging on to some 25 puts from earlier this week since I still feel at some point we are going to test that low. We'll see.