Last night Google reported better than expected earnings and most tech stocks are up in pre-market trading. The Q's are currently trading up over a dollar (almost 2.5%) pre-market.
Futures are currently trading:
S&P 500 (JUN) +16.50
| Nasdaq (JUN) +22.75 | Dow (JUN) +128
My Jun 50 calls on the Q's are looking very good now. I was planning on holding these a little longer, but will be very tempted to take some profits on the open. I will certainly sell half if I open up with a 100% gain on these calls.
I haven't shown the pivots on the Q's in a while, but maybe I should do this more often. We should already open up above R2 on the floor pivot and are quickly heading to R3.
Floor
R4
R3 46.46
R2 46.1
R1 45.69
Pivot 45.33
S1 44.92
S2 44.56
S3 44.15
S4
Futures are currently trading:
S&P 500 (JUN) +16.50
| Nasdaq (JUN) +22.75 | Dow (JUN) +128 My Jun 50 calls on the Q's are looking very good now. I was planning on holding these a little longer, but will be very tempted to take some profits on the open. I will certainly sell half if I open up with a 100% gain on these calls.
I haven't shown the pivots on the Q's in a while, but maybe I should do this more often. We should already open up above R2 on the floor pivot and are quickly heading to R3.
Floor
R4
R3 46.46
R2 46.1
R1 45.69
Pivot 45.33
S1 44.92
S2 44.56
S3 44.15
S4
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