Two Sentence Traders

Closed the August QQQ puts at a loss, trimmed ARKK to 5%

By rummy ·

Order flow's showing a strong buyer on the tape today, so no new puts going on. Sold the August $QQQ puts at a loss, but yesterday's gain covers it, net wash. Reduced short exposure until we get a clearer sign, still running $ARKK puts into September but trimmed 2% off to bring that down to a 5% position.

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Aggregated and distilled by Two Sentence Traders. Not financial advice.