Bullish Option Trade Idea For QQQ Exposure

[The Option Specialist]( 04/26/2021   |   [View in browser]( --------------------------------------------------------------- [Bullish Option Trade Idea For QQQ Exposure]( Tech stocks bounced back strongly yesterday with the Nasdaq QQQ Trust ETF (QQQ) jumping 0.9%. As a market exposure play, ProShares Ultra QQQ (QLD) joined SwingTrader on the reversal near the 21-day moving average line. The Nasdaq QQQ Trust tracks the Nasdaq 100 and the Ultra QQQ uses leverage to double the effect. That is, whatever the Nasdaq 100 does in a single day, expect QLD to do twice the gain or loss. Traders that are bullish on tech stocks over the next month could look at a bullish calendar spread on either QQQ, or the more aggressive version, QLD. [More...]( SPONSORED CONTENT [This Trading Book Sells For $19.95 On Amazon. Yours Free.]( Simple Options Trading for Beginners retails on Amazon for $19.95. But for a limited time only, you can download a free copy directly from the author. [Click here to grab the best-selling book for FREE.]( [This Stock Is Tailor-Made for Volatile Times]( Volatility creates opportunity. Witness Tuesday's broad-market decline, Wednesday's bounceback, and the sharp swings in stocks in response to first-quarter earnings reports. Investors are now sifting through those earnings reports amid incredible crosscurrents, ranging from the Covid-19 pandemic to rising interest rates. Rather than trading complex financial products, such as derivatives on the Cboe Volatility Index, or VIX, consider focusing on what could be called "Pavlovian volatility." Investors have become conditioned to view stock market weakness as an opportunity to buy more stocks. The faith that stock prices will perpetually advance after a plunge is so widespread that a specialized language has developed. If stocks decline on Monday, Turnaround Tuesday is the curative. Should market conditions get really scary, the Fed put will stabilize stock prices. Long-term investors with an appetite for volatility can consider leaning into the weakness during the run-up to Schwab's next earnings report, expected in mid-July. The trade's key risk is that the stock falls far below $65 and never rallies above $70. Should the stock falter, the Pavlovian volatility effect should come to the rescue, but if it doesn't, Schwab offers a way to profit from the rise of Gen I. [Read more...]( [These 3 Growth Stocks Are Down Over 40%: Here's Why They're Great Buys Right Now]( Growth investors have had opportunities for incredible gains over the last year, even though many tech stocks have seen steep pullbacks from recent highs. There's uncertainty on the horizon, but recent market turbulence has also created opportunities to invest in companies that will go on to deliver strong performance. With that in mind, we put together a panel of three Motley Fool contributors and asked them to identify growth stocks that look like bargains at current prices. They came back with three companies that have slumped more than 40% from recent highs and have strong rebound potential. Read on to see why they think that these growth stocks have what it takes to bounce back and crush the market. [Article continues...]( [Rebuilding Emergency Savings in 2021: Take a Realistic Approach]( You may have heard that you should have three to six months' worth of essential living expenses saved in case of emergency. It's sound guidance - but it might be the last thing you want to hear after a year marked by emergencies. For many of us, 2020 tested our health, safety, bravery and basic financial stability more than any other period in recent memory. If you didn't already have money saved for emergencies, last year likely wasn't the time to start stashing it away. And if you did, it may have been a prime opportunity to dip into your reserve. To be sure, it can be tough to anticipate how much money we'll need to cover an emergency, whether it's unforeseen medical expenses, helping loved ones in need, or replacing income after prolonged unemployment. These scenarios were all too common in 2020 (and continue to be), and many Americans have found themselves coming up short. But with the benefit of hindsight, many of us may be looking to prepare for the next time we need extra funds. Starting wherever you are today and taking small, practical steps can help you develop sound and effective saving habits. To help you get started, I've addressed some of the most common questions about emergency savings below. [Click to continue reading this article...]( [New Web Tool Shows How Social Security Cuts Could Hit Your Wallet]( It's no secret the funds Social Security uses to pay benefits are running low. New proposals on Capitol Hill aim to fix the program's solvency. Just how dramatic those changes will need to be depends on how soon changes are put through. Likewise, people who are planning for their retirement now may also want to make adjustments based on unforeseen events that could pop up. That includes any potential cuts to Social Security retirement benefits. To that end, Covisum has developed a calculator to help consumers and financial advisors gauge just how impactful any Social Security benefit cuts could hit their bottom line in retirement. [More here...]( SPONSORED CONTENT [You Could Make $300 to $1100 Per Contract With This Simple Trade]( Imagine getting really good at mastering just ONE simple trade. A trade that appears like clockwork between 9:30-10:45am on most trading days. This free step-by-step guide, by options expert, Dave Acquino, shows you how to spot and take these trades so you can walk away with daily profits! 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