Discussion in 'Options' started by mikeenday, Sep 19, 2011.
holds significant put position in QQQ, and it's causing significant amount of discomfort so far.
What does SPY have to do with your QQQ put - were you trying to hedge SPY with QQQ?
the qqq is heavly influenced by apple. apple just broke out and is up big in the last few days.
Maybe your position will get some juice after the Fed speaks tomorrow. Today's intraday reversal should have helped. What the OP said is true, AAPL carries a significant weight in the Q's, (over 14%), and looks unstoppable (for now).
If you knew one simple thing, you would not have asked that question after the fact, or you would have known the answer after the fact, if not before the fact.
what did I ask?
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