Quantamize QQQ- Butterfly Trade Update March 28
Mar 28, 2018
The Powershares (QQQ) Butterfly Put Spread Trade has captured more than 50% of the potential profit.
Downside risk seems to be increasing going into the end of the quarter.
Sell for Net Credit: $5.50 or better
- Sell March 29th 165 puts 1x
- Buy March 29th 155 puts 2x
- Sell March 29th 145 puts 1x
Total Gains on Trade: $4.62 or better