Technical Analysis. Nasdaq 100,

This "Trade of the week" was based on our volume indicators.

NOTE: We discuss our “best trades of the week” here mainly for educational purposes. The trading examples we illustrate are based principally on our volume indicators and market commentaries. Our main intent is to show you how you can apply our volume indicators and to explain the specific correlations that exist between volume spikes and the movement of the indexes. We do not mean to imply that you should follow our exact trades, but rather wish to suggest that you may make use of our volume analytics to develop your own trading style. We also urge you to paper trade before committing your money to the markets.

For this week’s “trade of the week”, "Buy QQQQ Call #1 and #2" is opened
in order to close it later with profit if the index moves in our favor.

Notes:

When do you normally close a particular “Best Trade of the Week”?
Under normal circumstances, we exit from a trade when we see a clear, unambiguous volume signal. The actual signal we look for must not necessarily be as pronounced as the one that got us into the trade. In order to play it safe, we sometimes even terminate a trade in the absence of a volume signal - for instance when we are up by 20 - 30%, or in the presence of certain market affecting factors , such as news on geopolitical events, Fed announcements, and others. In other words, there are certain situations where we may ignore our volume indicators. It is our belief that in options trading, it is often better to take a quick profit rather than overstaying and putting the entire investment at risk.

These are the trades which netted the returns shown above:

To see any of our past best trades, simply select from the list below.