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the importance of QQQ & SPY when trading options

the importance of QQQ & SPY in options trading

If you’ve been a part of Theta Warrior Elite you might know that we dedicate tons of our energy to QQQ and SPY.  And we also used examples of these tickers during our live training last week as well.  Now there's 2 reasons we like to focus on individual tech names inside of Elite and why you might want to copy us and focus on them as well…  -  Liquidity: Tech names often have high liquidity, ensuring that trades can be executed quickly and with minimal slippage.  -  Volatility: Tech stocks are known for their significant price movements, providing opportunities for larger gains in shorter time frames.  And as for QQQ and SPY specifically there’s really 1 main reason…  They provide great insight into the overall market sentiment, helping you align your strategies with broader market trends so that you can take advantage of both specific stock movements and broader market trends.  To keep it short and sweet...  Tech stocks just work well for options trading and they’re responsible for the majority of my personal gains as well as the daily gains inside of Elite.  That’s All,  Team Theta Warrior