NEW TRADE IDEA:

New Master Trader Bull Put Credit Spread on QQQ based on price action below.

Reminder, please read the value-added documents at the bottom of your member area.

Of great importance is: Money Management Considerations When Selling Option Credit Spreads for Income.

9/7:  QQQ – Consider shorting Sep (9/14) $178/172 bull put credit spread (7 DTE) for $.62/share.  Gap to support and intra-day reversal daily.  Stop Loss:   $178.26.