A brief follow-up for the Weekend Update and in particular, QQQ. As described in that update, QQQ is on a Short-Term Trading Model (180 Minute) Sell Signal as of last week and today is close to breaking down below support at 425.00. Buying puts in front of NVDA earnings Wednesday carries "event risk" but just as much, "event reward". My bottom line here is that I want to be accumulating Apr QQQ puts anytime QQQ breaks below 425. The steeper the break, the more aggressive I want to trade. QQQ 180 Minute Preferred: Aggressive: NVDA reports earnings after the close on Wednesday and could be a market moving event after hours and into Thursday-Friday. SMCI & NVDA are both down today in front of those earnings.
