QQQ 1-strike OTM's ask at $1.78 - Last week $0.32

• QQQ at $99.58
• 100 weekly call at $1.78 (ask)
• Last week similar option (1-strike OTM) was going for $0.32 at about the same time on Monday.

 

Yeah figures...everyone started rushing for the exit at the same time.

 

$QQQ futures now down 1/2 from highs. Tomorrow will be an inverse of today. Not trading until the afternoon.

 

$QQQ bumping resistance of downtrend line. Needs to pop up to about $102.50. Or perhaps breakdown. ?Crazy market!