# Daily Narrative · QQQ P618/P613 · 2026-04-22

*Day 1 of the position · 23 DTE remaining · first-person check-in*

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Day 1. Normal check-in.

**QQQ**: $652.75 today, up $5.85 from yesterday's $646.90. Total move since entry: +0.83% (+$5.39).

**Spread**: mid at $0.63, down $0.15 from yesterday. Entry was $0.72. I've "earned" about $9 so far — 13% of the max credit.

**Greeks**:
- Net delta 0.024 (slightly long QQQ)
- Net theta +$1.34/day (yesterday: +$1.21/day)
- Short leg delta -0.18 (entry: -0.21, stable)

**Distances**:
- 26% of the way to 50% PT (spread needs to drop to $0.36)
- -13% of the way to 2× SL (spread would need to rise to $1.44)

**Action**: HOLD. Within bounds — theta is working.