Buy qqqq puts now June 16

I bought qqqq july 49 puts at 1.83. Hold into week of June 23.

 

Whats your reasoning? Do you think July at the money IV is too low?

 

I'm expecting QQQQ stock price will drop.

 

I just sold my QQQQ Jul 49 calls @ 1.40, hope your right

 

Let me get this straight, you actually placed a trade based on a post that you read on EliteTrader?

 

ROFLMAO

 

Haha, i guess it sounded like that. No, I sold and got out because I needed the buying power for another trade.