Truly incredible: The Nasdaq 100 ETF, QQQ, surged +1.1% between 3:40 PM ET and 5:00 PM ET today without ANY major news. Options flows on QQQ long calls were surging into the 4:00 PM ET market close. At 5:13 PM ET, President Trump said he is considering “winding down” the Iran war. QQQ is now up +2% from its low, with March 23rd dated calls set to open +200% above today’s lows. It’s going to be an eventful weekend.(The Kobeissi Letter)