[Closing Half Position in QQQQ Puts]
Dear Member:
Though I suspect the market drop may not be finished, the Q's have stalled on the downward move and I have quite a bit of profit in my Sept 46 puts (QQQUT) so I am placing an order to sell 1/2 my position at a limit of $4.00 or better.
DISCLOSURE: At the time of publication, I own the Sept 46 puts on QQQQ.
Sincerely,
Bill Kraft
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