There was very light trading volume yesterday in the Q's and pre-market it looks to be light as well. The Q's are currently down a quarter of a percent in pre-market trading, but there is no conviction on this move since the volume is just not there.
The futures are currently point down as well.
S&P 500 (JUN) -4.25
| Nasdaq (JUN) -3.50 | Dow (JUN) -29
I currently have puts on the Q's and I hope to close them either today or tomorrow with some gains. I still see potential upside on the Q's and this trade is just a counter trend trade as we re-test support in the $48 level.
The futures are currently point down as well.
S&P 500 (JUN) -4.25
| Nasdaq (JUN) -3.50 | Dow (JUN) -29 I currently have puts on the Q's and I hope to close them either today or tomorrow with some gains. I still see potential upside on the Q's and this trade is just a counter trend trade as we re-test support in the $48 level.
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