Invesco QQQ Trust Series I

Opening: QQQ August 19th 250/331 Short Strangle

36
... for a 5.05 credit.

Comments: 5.05 ($505) credit on buying power of 29.26 ($2926); 17.3% ROC as a function of buying power effect; 8.6% at 50% max. Currently the highest IVR/IV broad market ETF on the board at 71/35. Went a little wider here than usual (13 delta both sides) to accommodate more whip. Delta/theta .45/14.52.

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