I shorted a half sized position of QQQ in after hours today. I will exit for a loss if we close above 325. The actual dollar amount for the short position is very large, but it’s only a half sized position because the stop loss is very tight.
Stop loss: 327.5
Profit Exit: 303
Risk to Reward: 1 to 3 (6 to 18.5)
QQQ daily chart below.