Lia Holmgren: QQQ sees 650 put with 30,935 open interest as hedge, not short term trade

Lia Holmgren: QQQ sees 650 put with 30,935 open interest as hedge, not short term trade
QQQ put sees hedge activity spike

A 650 put option on QQQ saw an increase of 30,935 in open interest, which is characterized as a hedge rather than a short-term trade.

Lia Holmgren also highlighted that USO is approaching $170 with Brent crude oil at $117. The tweet further mentions buy zones for GOOGL and AMZN stocks using GEX walls and briefly refers to the upcoming U.S. midterms and their historical significance for stocks.

Lia Holmgren previously noted that the S&P500 has been positive in nearly all November-through-June periods since 1942, averaging 14 percent gains, according to historical data. She has also reported on Bitcoin falling below $80,000 during a U.S. evacuation from the Middle East, as detailed in recent coverage. These observations reflect Holmgren’s ongoing monitoring of equity and crypto market trends.

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