Today, the day after North Korea launched a ballistic missile over Japan, the stock market opened up deep in the red however, it appears that there may be opportunity in Tech.
Earlier today I bought September 29 in the money calls on ticker QQQ.
As most of you know I was short the Q's, and I did ride that trade down over the last several days. I was able to pocket a small but nevertheless profit off that position however, I believe there was opportunity, at least for a bounce, with regard to the Q's.
Happy trading!
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Gregory Mannarino @marketreport
