Why the heck are my QQQ put options not up more?

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."
 
buy calls, hedge delta->win through vol and skew
I will never know to trade options..
To complected for me.. I will steak to es and price action.
Good luck mister.
 
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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 :)
 
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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 :)

Oh I definitely am holding on to them Krakenite. Till they expire. Rather than closing them I'll just buy stocks as I've been doing, adding a little more with every dip. I am still scared, even with them in place LOL.
 
I have been trading futures for over a decade, and it took some hard knocks to learn a few key lessons. As I start to delve into the labyrinth of options pricing theory recently, it became readily apparent that it is a great place for newbies like me to be handed their heads, or to lose their heads via other means! What would seem to be logical linearity in some other realms gets assasinated by differential equations. Your instructive example is another reminder to me to take my time and have a strong grasp of the basics. I have a long ways to go!

I did recently, as a fun experiment, buy an extremely cheap way OTM 19 call on UNG. It was a $10 splurge. With my interests in the energy markets and the recent volatility in natural gas it looked to be worth a shot. Yesterday at one point it was worth about $80, so very occasionally those way OTM plays do work out. Although I am not counting on a 700 percent return to be the usual result, quite the opposite. Meanwhile, I hope to keep my head!
https://www.wikiart.org/en/peter-paul-rubens/head-of-medusa-1618
 
I suspect because we are bouncing and set to have bounced back to near highs by July / Dec.
The 5 hikes are at 80% probability and I think they are 90% priced in, and we are still holding up well after the shit show down. My thinking is that those options were a short duration play and holding calls may be the best mid to long term duration play. Just my twocent.
 
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?
%%
Exactly;
but for lotto tickets that seldom helps the buyer.I was buying some gasoline + a guy in front of me got a lotto ticket. ''You ever win anything?? I asked ?? '''NO, he said, but i got close !!'':D:D
 
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