Adding to $QQQ 665 puts expiring Aug 03, plus some August monthlies, and will average up if it keeps going this way. Order flow's read on today's auction isn't bullish, a big seller stepped in and rejected right at the pivot, though that still needs more confirmation. Not the base case, but a surprisingly dovish Warsh out of FOMC could flip this fast. Starting the scale-in now anyway, ahead of that.
Aggregated and distilled by Two Sentence Traders. Not financial advice.