Alva Robinson
02-04 09:33

$Invesco QQQ(QQQ)$  Here are several options strategy approaches:

Expecting downside? Try call-side broken wing butterfly credit spread, though breaching the upper strike may incur minor loss.

Anticipating upside? Consider put-side broken wing butterfly credit spread, but falling below the lower strike could bring slight loss.

Predicting pin? Dual broken wing butterflies collect credits from both sides.

Uncertain direction but expecting big move? Two short broken wing butterflies on both sides profit from significant price swings.

Note that butterfly evolves from caterpillar. $Caterpillar(CAT)$ , delivering solid dividends, has gained over 22% this year and may align better with some preferences.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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