I am not a 0DTE chaser, but man how I love Lotto Fridays.
So after my big picture pre-market rant to clients to be CAREFUL (with details in my market thoughts post), I gave several short price targets for indices stocks.
Ex:
$QQQ opened at 460 I gave 450P with these exact levels: D 454.37, then 450.45, 499.34 with overshoot to ... (wait for it) $447.30.
I said expect $450 level for puts to get monetized & then watch as we head lower into...470.30 as overshoot PT today. 🤷♀️🤓🔥
Bulls better hope we gap down on Monday & dip gets bought!