Options
Traded ValueThis position is closed. The first day line hit the 5-day line, which is a clear resistance level. The second in-the-money option didn't have much volatility, so we can continue to choose out-of-the-money ones. Third, take profits when it's good—the bullish momentum has already been largely exhausted. Take a break. I hope to see a hanging man candlestick today, which would allow the bulls to catch their breath while the bears continue to release pressure.
It's that simple. When trading options, the most important thing is to evaluate the market's bullish and bearish forces and stand on the side with greater strength—the advantage is ours. Be bold in adding positions where possible, and reduce positions when you can't hold on anymore. Once you achieve low or even negative cost, you won't fear volatility and can even profit from the entire trend.$Invesco QQQ Trust(QQQ.US)
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