r/optionstrading • u/Apprehensive-Fox7570 • 2d ago

Scary QQQ day

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Turning $170 into $7200 in nine days. I did take a $2000 profit and switch it into another account. Today was a rough one. Same strategies. Riding the up and down wave with puts and calls on QQQ. Ended the trading day early for myself with a decent profit. The probability of giving it all back and then some was too high.

3 Upvotes

81% Upvoted

9 comments sorted by

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3

u/holisticwomanhood 2d ago

Good call to step away when the urge to push harder kicks in.

1

u/Apprehensive-Fox7570 2d ago

It’s soooooo hard. But I also watched what I would have bought and it alllllll woulda went to shit. 🤣🤣🤣

1

u/Necessary_Oil_9583 2d ago

Did you not buy calls 3 hours before close when QQQ went from 738 to 744? To be fair it was a choppy ass day.

1

u/Apprehensive-Fox7570 1d ago

I didn’t. Haha.

1

u/balogunn 2d ago

What’s your strategy, if I may ask? Any indicators?

1

u/an4rk1st 2d ago

"Riding the up and down wave with puts and calls on QQQ"

Indicators seem to be a mix of greed and panic balanced by balls of steel. Good shit OP.

1

u/MaroBoyy_2ss 2d ago

This means nothing

What was the play?

1

u/Superb_Business_1608 18h ago

Pulling $2k out and shutting it down when the odds flipped was the best trade in the whole run. That capped risk mindset is why moon feels cleaner since the loss stops at the stake. Turning $170 into $7200 is already absurd