Technical Analysis.

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

This week's “best trade of the week”
is a continuation of the previous week’s best trade,
where we left a QQQQ Call position open.
This trade was closed with 18% of profit.

Even though the trades shown above were not entirely without risk, they resulted in a profit of $2,500

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, options expiration, 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.

In last week’s “Best Trade of the Week”, you left a trade open. Why was this not the case this week?
This week, we did not receive a strong volume signal that would have prompted us to leave a trade open. We would like to remind you that options trading is very risky. We believe it's often better to make fewer trades; also, we initiate trades only in the presence of strong, unambiguous signals.

These are the trades which netted the returns shown above:

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