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P2 Trade Alert — A QQQ Roll and a Full $BITO Exit

Two moves in Portfolio 2 this morning. We rolled a short QQQ put out for time to give the trade room to work, and we sold out of our bitcoin proxy entirely on the rally — taking the loss on strength.

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SQTC Squared T Capital Online
Aug 21, 2026
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Tony Battista Commentary

On the QQQ roll: “Rolling for duration and direction to cooperate — same strike, total credit now 2.35.”

On BITO: “Getting rid of it on a rally.”

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