Today these puts are actually up pretty decently given the QQQ carnage. First day I can look at them and say "yea these did some real good offsetting my other losses today."
I will never know to trade options..buy calls, hedge delta->win through vol and skew
my bad, I thought you had a spread...No Tim, I bought the put. Not sure where the sell idea got out there. I own the put and the put right.
T

Today these puts are actually up pretty decently given the QQQ carnage.
Since they have so much time-to-expiration, it may be best to hold onto them for a while longer my friend. Things may get very ugly this year... your call though (no pun intended).
If markets magically settle down and we somehow live through 2022 avoiding a 2-sigma event, it's not so bad if those options become a wasting asset, you at least can sleep well at night![]()
%%But QQQ options are American style options, correct? I.E. I can exercise any time, not just on expiration. So I think the options being far out (at least several months) would be a huge plus, no?

