ABOUT US
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.
GOING LONG NASDAQ
GOING LONG THE QQQ
There are two ways to execute the order:
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· High risk trade: probability of working high.
Signal: Sell (Short) Puts
Security: QQQ
Symbol: QQQ Nov13 Put 80
Expiry Date: 11/15/2013
Strike Price: $80
Entry Price: sell (short) puts at or above $0.47
Exit Price: at 50% profit – (premium collected)
Stop not set yet
MAX RISK ON THE PUT IS 2% of entire portfolio
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· Lower risk trade:
Enter long QQQ at market
Exit 50% of position at 1% profit
The rest exit with trailing stop of 0.5% after the first trade is completed
Stop not set yet
MAX RISK ON THE QQQ ETF IS 4% of entire portfolio