---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42859853.md"
description: "$QQQ 260722 702 Put(QQQ260722P702000.US)$Invesco QQQ Trust(QQQ.US)Total Score: 3/10.  From the order book: Bought 2 contracts at 1.40, then bought 1 more at 1.17, total cost approx. 397 USD; Sold 3 contracts at 0.49, recovered 147 USD. This trade is approx. -250 USD, -63%.  Breakdown of scores:  - Directional Call: 4/10    QQQ on the 1h chart remains weak, but on the 5m chart it has already rebounded from lows and is contesting near moving averages/VWAP again. Shorting (Put) isn't entirely illogical, but it's not a smooth downtrend.  - Entry: 2/10    Buying Puts at 09:42/09:46 looks like chasing shorts after the opening plunge. The position was near low support/rebound zones, lacking clean L2 failure, VWAP rejection, or breakdown confirmation.  - Adding Position: 1/10    The second buy at 1.17 was adding Puts as options became cheaper, essentially averaging down on a 0DTE trade against the trend. This action warrants a heavy penalty.  - Stop Loss: 2/10    Exiting only after dropping from an avg cost of ~1.32 to 0.49 far exceeds the typical -25% to -40% premium stop for 0DTE. Structurally, once QQQ rebounded and reclaimed short-term MAs, you should have cut losses earlier.  - Exit: 5/10    Selling at the end without holding to zero is correct; however, using a market order and doing so too late indicates passive execution. Withdrawing the 0.55 limit and selling at 0.49 confirms this passivity.  The core issue isn't losing money, but rather: Chasing Puts at opening lows + Adding to losing positions + No hard stop loss.Next time, keep rules simple: Cut at -30% loss for 0DTE; Only re-enter shorts if QQQ fails to reclaim VWAP/opening area and breaks previous lows. 3 contracts is too large for such a non-A+ structure; normally, control should be limited to 1 contract."
datetime: "2026-07-22T15:07:21.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42859853.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42859853.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42859853.md)
author: "[默海笑](https://longbridge.com/en/profiles/15180492.md)"
generator: "portal-rs"
---

# $QQQ 260722 702 Put(QQQ260722P702000.US)$Invesco Q…


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**