With today's early rally and VIX on its way back down the recent mountain, now feels like the right time to capture some options premium in a wide Iron Condor in the QQQs.
I'm not calling that the bottom is in, but I'm open to it. Either way, it's unlikely we V-Bottom out of this morass, which is why betting on a wide, sloppy, sideways range feels right to me.
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