$QQQ 260707 708 Put(QQQ260707P708000.US)$Invesco QQQ Trust(QQQ.US)

Take profits, take profits. Haven't been thinking much about the big picture lately. If I sold too early, so be it.

This QQQ trade gets an 8.3/10, much better than the last one.

P&L

Buy: 0.86 * 2 contracts = $172

Sell: 1.58 * 2 contracts = $316

Net Profit: (1.58 - 0.86) * 100 * 2 = +$144

Return: approx. +83.7%

Entry: 8/10

This entry was cleaner than before. On the 5m chart, QQQ failed to bounce from the 715-716 zone and then broke below 714.18, which was a clear breakdown. Your put purchase was following the trend, not just guessing.

Position Management: 8/10

Good that you didn't average down. Holding the 2 contracts through the drop was the right move. For 0DTE, the most important thing is to take the money quickly once the direction plays out.

Exit: 8.5/10

Selling at 1.58 was reasonable, almost a double, and there was immediate support around 710.8-711. Harvesting before hitting support was the correct action.

Runner Qualification: A little, but not mandatory.

This trade had weak runner potential because the 5m move was a follow-through sell-off after breaking the platform.

However, support was too close, and you only had 2 contracts. The optimal approach could have been:

- Sell 1 contract to lock in profit

- Keep 1 contract to see if 710.8/710 breaks

- If it bounces back above 714.2, exit the runner immediately

But selling all was perfectly fine. For 0DTE, +83% is already excellent harvesting, no regrets should be had.

Conclusion

This was a standard good trade:

- Direction: Right

- Entry Point: Right

- Position Size: Reasonable

- Exit: Decisive

- No averaging down: Bonus point

If focusing only on QQQ today, this trade was enough. Doing more later would easily risk giving back that +$144.