This is a key week with some key levels approaching for QQQ. Earnings are out Wednesday for TSLA and NFLX, usually a bullish event for both, at least temporarily. On the downside, any disappointment that is reflected in share price could send QQQ down through some key levels. If so, we will be adding Nov QQQ puts. QQQ Intermediate Term If first key level @ 363.75 is broken, second key level @ 350 is next test. If that fails.... QQQ Nov 17 Puts Buy QQQ Nov 17th $360P or $355P on any QQQ close below 363.75.
