A quarter is a three-month period on a business's financial calendar that serves as the foundation for regular financial reporting and dividend payments. A quarter, which stands for one-fourth of a year, is commonly referred to as Q1 for the first quarter, Q2 for the second quarter, Q3 for the third quarter and Q4 for the fourth and last quarter of the year. A quarter is frequently represented by the year in which it belongs, such as Q1 2022 or Q122, which stands for the first quarter of the year 2022.
This week we are going in with the Vertical option strategy on QQQ (Nasdaq ETF). The reason for choosing this option trade is that we are learning to choose a direction and how to trade that choice. QQQ has been on a crash course recently to the downside. As contrarians, we will bet the stock stops and heads up from here over the next 45 days and use a Short Put Vertical to trade that assumption. Watch this video to get the trade details. Hope you enjoy it! Kal Trading Risk Disclaimer All the information shared is provided for educational purposes only. Any trades placed upon reliance of SharperTrades, LLC are taken at your own risk for your own account. Past performance is no guarantee. While there is great potential for reward trading stocks, cryptos, commodities, options, forex and other trading securities, there is also substantial risk of loss. All trading operations involve high risks of losing your entire investment. You must therefore decide your own suitability