... for a 39.14 debit.
Comments: After closing out my previous QQQ short delta hedge for a profit, opening a new one. Selling the front week 30 delta; buying the back month 90, resulting in around a -60 delta metric.
Cost basis of 39.14 with a 289.86 break even on a 51 wide with a max profit potential of 11.86. Will look to take profit on the entire setup at 50% of max, rolling the short put out if needed to reduce cost basis and improve my break even.
* -- Long Put Diagonal.