Replies to post #303 on Short Term Trading (NDX / NQ / SMH)

[Dimension]

adding one more bullish argument to this...

QQQ August and sept 33 puts saw heavy volume on friday, with the August 33 puts coming in with a whopping 195K volume.
Current OI on those puts are 106K. if on monday's open the OI jumps to about 300K, that suggests to me that in the short term, this market will trade higher by August expiration