One Way To Take Advantage Of The Volatility In Tech Stocks

| January 18, 2022

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Tech stocks have the started the new year with elevated volatility and quite a bit of selling pressure.  The most popular tech index, Invesco QQQ Trust (QQQ), is down 5% for the year and has seen a handful of large percentage moves already.

One strategist is looking to take advantage of the volatility by using covered calls.  By selling 10,000 February calls against 1 million shares of QQQ, the trader is likely trying to capture the high premium in QQQ options without taking on an unreasonable amount of risk.

Take a look at this interesting options trade

The post One Way To Take Advantage of The Volatility In Tech Stocks originally appeared at Investors Alley.

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Category: Options Volatility Watch

About the Author ()

Adrian Collins works as an Outreach Manager at Option Dash. Option Dash is always looking forward to offering the best covered call and cash secured put screener on the internet. Adrian is passionate about spreading knowledge on stock and options trading for the rising investors.
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