We jumped the gun last month with April/May QQQ puts which have since dropped by more than 50%. If stopped, today's action is a clarion call to re-establish short positions. A host of geopolitical and economic reasons exist, but for our puposes, the breaking of Key Levels is sufficient. The lower the market goes, the more reason to add. QQQ A close below 440 triggers additional May or Jun out-of-the-money QQQ puts, whether stopped out of last month's positions or not. Add on a break below 430. QQQ May 17 $420P QQQ Jun 21 $410P NVDA: Red Flag Bitcoin: Red Flag
