
$QQQ, the Invesco QQQ Trust, has experienced significant gains recently, with reports indicating a strong performance in the technology sector. On October 10, 2024, the fund reached highs for the day, reflecting robust market conditions. Notably, it has been described as 'dominating' over the past week, suggesting sustained upward momentum. Traders have observed a sharp rebound from lows, with one trader reporting a successful strategy involving 0 DTE (days to expiration) calls that yielded a profit of $900. Additionally, there were reports of over $7 million in deep in-the-money call options being traded, indicating bullish sentiment among investors. This activity underscores the confidence in the QQQ's trajectory as it continues to capitalize on strong market breadth.
$QQQ $7M+ Deep ITM Call Prints 🐳 https://t.co/lYZn5Ib0Tx
$QQQ wild rip off lows.. once it entered daily value area you knew the breadth was saying it goes to top of value... 0 DTE calls good for a quick double +100%.. thought I bought 10 but was 9 lots for $900 profit lol https://t.co/EW4u8BpGFO
$QQQ flying into gap now with that strong breadth in first hour

