UNH April Bull Put

Buy $85 put and sell $90 put for a credit of $0.55. Max profit is 12% (0.55/4.45). Breakeven point is below $89.45.

April QQQQ Bear Call Spread

Buy $39 and Sell $38 for a credit of $0.05. Max profit is 5% (0.05/0.95). Breakeven point is $38.05.

UNH April Bull Put

Buy $85 put and sell $90 put for a credit of $1.00. Max profit is 25% (1/4). Breakeven point is below $89.

EXBD Bear Call Spread

EXBD hovers around $64.00. I decided to buy a bear call spread of $70 buy and $65 sell for a credit of $0.90. The max profit is 22% (0.90/4.1). Breakeven point is above $65.90.

Buy EXBD Bull Call

EXBD hovers around $64.00. I bought a bull call spread of $60 and $65 for $3.00. Breakeven is $63.00. As long as it is above that, it is ok.

OEX and QQQQ lesson

It is clear from the MACD and general market trend that the two would drop. However, I was slow to take action. Remember the lesson of jettisoning the position once it turns sour.

OEX loss

I should avoid buying OEX in the future. For one, OEX does not have volume indicator. To buy OEX, it is safer to have at least two supports (ceilings).

March OEX Bull Put Buy

It looks like the market is in bullish stance right now. I decided to purchase a bull put spread of 570 (buy) and 575 (sell) for a credit of 0.35. The return is 7.5% (0.35/4.65). Breakeven point is 574.65.