QQQ

Trading QQQ with Covered Calls: A Success Story Hello, fellow traders! I’m excited to share a remarkable journey of trading QQQ (Invesco QQQ Trust) using the Covered Call strategy, which resulted in substantial growth in my investment portfolio. This story is a testament to the potential of options trading to enhance returns and manage risk effectively. The Covered Call Strategy: A Primer The Covered Call strategy is a popular options trading technique that combines stock ownership with the sale of call options....

A short strangle consists of one short call with a higher strike price and one short put with a lower strike. Both options have the same underlying stock and the same expiration date, but they have different strike prices. Since you are selling both the put and the call, you are collecting premium. As long as the stock price doesn’t go below the put strike, OR go above the call strike, you pocket the premium....