Nasdaq Spike

Today has been quite the interesting day with all of the Short Squeeze hypes playing out. The price action on the QQQ did an attempt to break the ATH but at the moment seems to have been rejected on a volatile spike bar. It is worth taking a trade to play this short.

Kommentar:

I actually can't find any options, Singles or Vertical Debit Spreads, with a good risk to reward to express this thesis... Implied Volatility is just way too high! :(