Opened a credit spread on qqq and it's dangerously close to my strikes.
The current position is 05/22 700/710
I am thinking of rolling it out 30 dte and up for more time and less risk of it hitting the short again or just take the loss $400 and learn a lesson to not be dumb.
Currently looking at
1. 6/30 720/735 for (hopefully) credit $48 or a debit of $30-70.
2. 715/730 $49 credit June 18
3. 720/740 June 18 $300 credit
4. 730/750 for $2 debit june30
Or I take the loss..my predict is that qqq can still run up past 700. Just a matter of when and how fast it can continue.