On July 13th https://www.theoptionplayer.com/ executed a Nasdaq 100 Index ETF (NasdaqGM: QQQ) short-term (37-day) option trade. On August 9th we executed a trade adjustment to convert the call spread into a call butterfly position. August 18th expiration option contracts expire today and we are letting all the call options expire worthless (it is not worth the fees and commissions to execute a closing trade). Confirmation information is displayed below. These images/data are only available if you login with a Premium Subscription
As indicated in the chart below, the Nasdaq 100 Index crashed along with the other major equity indices and the QQQ ETF dropped well below our target price.
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