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 March 29th 165 puts 1x
  • Buy March 29th 155 puts 2x
  • Sell March 29th 145 puts 1x
Sell for Net Credit: $5.50 or better

Total Gains on Trade: $4.62 or better