NASDAQ-100 Index Options Trading Education & Technical Analysis
Date: 7/29/2012
NASDAQ-100 Index Options Trading Education & Technical Analysis Video. In this stock index training video, we'll cover the recent NASDAQ-100 Index rally and how to trade weekly options. Trading education video & "technical analysis" on how to trade puts and calls on the "Nasdaq 100" PowerShares QQQ (NASDAQ: QQQ).
The PowerShares QQQ, also known as the Nasdaq 100 ETF, deserves a lot credit. Amid a myriad of weak earnings reports from major tech firms starting with Apple (NASDAQ: AAPL) and finishing with Amazon (NASDAQ: AMZN), this ETF should have been clobbered this week.
It was not. In fact, QQQ gained almost one percent. QQQ traded as high as $64.99 on Friday, indicating that psychological resistance is firm at $65. Should that number fall next week, QQQ could have upside resistance at the $67-$68 handle. Sign up and learn more about index options trading.
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