The Q's have already traded over 1 million shares in pre-market trading and is currently up 15 cents. The upside move from here looks good and the volume this morning is a good sign that we will be heading higher for the next couple of trading days.
The futures this morning are also strong.
S&P 500 (JUN) +3.75
| Nasdaq (JUN) +8.25 | Dow (JUN) +23
I'm still holding my calls on the Jun 50's and I should get close to break even on my position near the open. Hopefully they will continue higher into profit territory before they get too over bought.
Update at 9AM: The Q's have now traded over 5 million shares pre-market and are now up 30 cents. We have seen this type of pre-market volume for a couple of months.
The futures this morning are also strong.
S&P 500 (JUN) +3.75
| Nasdaq (JUN) +8.25 | Dow (JUN) +23 I'm still holding my calls on the Jun 50's and I should get close to break even on my position near the open. Hopefully they will continue higher into profit territory before they get too over bought.
Update at 9AM: The Q's have now traded over 5 million shares pre-market and are now up 30 cents. We have seen this type of pre-market volume for a couple of months.
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