Nasdaq 100 ETF (QQQ)
I’m going to take some profits off the table today ahead of the NVDA announcement. For those that wish to hold for further profits, please be aware of the risks.
The Trade
Simultaneously:
Buy to Close QQQ March 1, 2024, 445 call strike
Sell to Close QQQ March 1, 2024, 450 call strike for a total of $0.20 (as always, the price of the spread will vary, so please adjust accordingly).
As always, if you have any questions, please do not hesitate to email me at andy@cabotwealth.com.
Copyright © 2024. All rights reserved. Copying or electronic transmission of this information without permission is a violation of copyright law. For the protection of our subscribers, copyright violations will result in immediate termination of all subscriptions without refund. Disclosures: Cabot Wealth Network exists to serve you, our readers. We derive 100% of our revenue, or close to it, from selling subscriptions to our publications. Neither Cabot Wealth Network nor our employees are compensated in any way by the companies whose stocks we recommend or providers of associated financial services. Employees of Cabot Wealth Network may own some of the stocks recommended by our advisory services. Disclaimer: Sources of information are believed to be reliable but they are not guaranteed to be complete or error-free. Recommendations, opinions or suggestions are given with the understanding that subscribers acting on information assume all risks involved. Buy/Sell Recommendations: are made in regular issues, updates, or alerts by email and on the private subscriber website. Subscribers agree to adhere to all terms and conditions which can be found on CabotWealth.com and are subject to change. Violations will result in termination of all subscriptions without refund in addition to any civil and criminal penalties available under the law.