Lock in Part Of Gains On QQQ Trade For 44.44%

QPI Trading Ideas

Yesterday we recommended buy QQQ shares at the market before the close. QQQ was trading at $388.50. For those that bought the QQQ, stay in the trade.

For those that trade options we offered two trading ideas. The first we will take a profit on.

If you bought the December 1st $392 Call for $2.50 it is now trading at $3.61 for a gain of $1.11 or $132 on each contract. The gain is 44.44%.

We also recommended a straddle trade that we will stay with for now. More on this later today or Friday.