QQQ See huge put volume
$Nasdaq 100 ETF(QQQ)$ near weekly resistance level. If holds then nice breakout else break down.
here's what i found for QQQ.
Date: 2022-08-08
Total call volume: 333.9k
Total put volume: 510.1k
Most traded: 2022-08-08 $322.0C (21.8k)
Source:CBOE
Source:CBOE
Looking at current situation an ATM put option would provide a good Rate of Return. Probably 08/19 $315P.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
👌👌👌