QQQQ – Nasdaq ETF (Last:44.60)

We hold seven April 42 puts for an average 1.05 and a March 44 put for 0.23.  Let’s try to trade against the position today by bidding 44.35  for 200 shares , stop 44.29.  Our bid lies two cents above a promising midpoint support on the hourly chart (where A=44.87).  If you hold no position, you can open one for a scalp. ______ UPDATEThe Cubes opened on a gap well below our bid, so the order went unfilled unless you executed it before the regular session began.  That would have generated a very small trading loss of about $12 plus commissions.