An independent federal government regulatory body in charge of safeguarding investors, ensuring the fair and orderly operation of the securities markets, and promoting capital formation. The agency was established by the Securities and Exchange Act of 1934 that is in charge of enforcing the legislation regulating the securities market, including the registration and distribution of mutual fund shares. The SEC encourages complete public disclosure, defends investors from dishonest and market-manipulating techniques, and keeps an eye on corporate takeover activities in the country. Additionally, it approves registration documents among underwriting companies. To conduct business, financial services organizations like broker-dealers, advisory firms, and asset managers are required to register with the SEC.
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