Why does SPY have a higher % float shorted than QQQ? You'd think QQQ would have a better r:r based on the concentration risk. Any method to the madness ya think?
I rarely BTO or STC before 10am. I will write options at open. Something like SPY you can trade at open if you’re willing to gamble the first move.
Today was an exception to that rule for me. I held 6 $SPY 656 weekly calls over the weekend and dumped them at 9.45 for a small gain. After the tweets I didn’t want to hold them any longer.