Trading Brief
**CALL PLAY:** Entry triggers on a clean break above $678.79 — wait for a 1-minute candle to close above, not just a wick. PT1 at $679.73 is the realistic target here; at 0.9R it's not even a full risk unit, so you need to be disciplined about sizing or trail your stop to breakeven quickly after a $0.50 move. PT2 and PT3 require sustained momentum that low-vol tape ($1.30 ATR) rarely delivers intraday. The $8 ask on a 0.584 delta contract means you're paying roughly $0.58 per dollar of QQQ movement, but theta is bleeding $1.84/day on a 1DTE — if this doesn't trigger by 11am ET, the setup is dead. Stop at $677.84 is tight and clean, just below the current price.
**PUT PLAY:** Entry below $676.71 (which is also S1 — that's a real level) with a $0.95 risk and targets that actually pay: PT1 at 1.0R, PT2 at 2.0R, PT3 at 3.0R. The R:R profile is meaningfully better than the call side. The $4 ask is half the call's cost, so you're risking less capital for comparable dollar targets. OI at 3,880 vs 509 gives you far better liquidity for exits. The put is the better trade today — cheaper entry, better reward ratios, and you're fading into a level rather than chasing a breakout in low-vol tape where breakouts tend to stall.