Justa -- the QQQ 35 puts present an interesting challenge for downside targets in the next two weeks. I suspect the cost basis for most of them is much higher. But we could also do the typical expiry shuffle of down, up, and a final move AFTER expiry. Certainly, though, a touch of QQQ 34.73 wouldn't help most holders of the QQQ June 35 options, particularly if we sprang back up from there.
Should be an interesting two weeks here. Or deathly dull, I guess if we just chop chop chop.
the freep
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