1: Have QQQ assigned to you at 455 if market keeps dropping from here towards mid of April, which is 20 points lower than where QQQ is now
2: Make 20 point profit if QQQ rally to or above 495 by mid April.
3: If market drops very quickly first, say to 450, you could potentially close the 495 call with very little cost, and when market rally back later in April, your 475 call has unlimited profit potential
4: Similarily, if market rally very fast first, you can close the call spread with a profit, let's say 12 out of 20 points here, and that profit will help you even more if market then crash back because you will now be assigned at 455-12=433 QQQ.
Vast majority of option combo i have been buying in last couple of days on QQQ is using this strategy.
Finally, if market really rallies (assume you trust TA)...
You can close call spread with a profit and then buy stock at that time , you make a little less (because call spread profit wont be the same level as owning the stock), but you have much higher probability of winning, rather than pure guess at this time
比如QQQ 500 要进货，用sell QQQ 500 put 的方式多赚一点premium。 当然也可能捡了芝麻（premium), 没进到QQQ。 但是考虑到是第一波，往往在范围的上沿。本来第一波也进不了太多货。用sell put 的方法心里上就没那么怕跌
特别第一波的时候put premium 很低。
With this combo, you will
1: Have QQQ assigned to you at 455 if market keeps dropping from here towards mid of April, which is 20 points lower than where QQQ is now
2: Make 20 point profit if QQQ rally to or above 495 by mid April.
3: If market drops very quickly first, say to 450, you could potentially close the 495 call with very little cost, and when market rally back later in April, your 475 call has unlimited profit potential
4: Similarily, if market rally very fast first, you can close the call spread with a profit, let's say 12 out of 20 points here, and that profit will help you even more if market then crash back because you will now be assigned at 455-12=433 QQQ.
Vast majority of option combo i have been buying in last couple of days on QQQ is using this strategy.
You can close call spread with a profit and then buy stock at that time , you make a little less (because call spread profit wont be the same level as owning the stock), but you have much higher probability of winning, rather than pure guess at this time