In this episode, market experts Brian Overby and Callie Cox from Ally Invest provide real-time insights on PowerShares QQQ Trust (NASDAQ: QQQ) and discuss the Long Call Spread strategy for options trading.
Episode 21 Overtime: Revisiting the Long Call Spread for PowerShares QQQ Trust (NASDAQ: QQQ)
In this episode, market expert Brian Overby of Ally Invest, revisits the Long Call Spread options strategy for PowerShares QQQ Trust (NASDAQ: QQQ) from Monday’s Stock Play of the Day show, and discusses how the strategy performed during the week.
**Disclaimer** The information provided in this video and on this channel does not constitute investment advice or an investment recommendation. It is not intended to be a source of advice or analysis with respect to the material presented. Options involve risk and are not suitable for all investors. Review the Characteristics and Risks of Standardized Options brochure (https://www.ally.com/resources/pdf/in…) before you begin trading options. Options investors may lose more than the entire amount invested in a relatively short period of time.
Senior Options Analyst for Ally Invest
As senior options analyst for Ally Invest, Brian Overby is a widely sought-after resource for his option trading knowledge and market insights. He has contributed to numerous articles for the Wall Street Journal, Reuters, and Bloomberg, and has had frequent appearances on CNBC Fast Money and Fox Business News. A veteran of the financial industry since 1992, Brian continually seeks to improve the understanding of the retail investor. He has given thousands of option trading seminars worldwide, written hundreds of articles on investing, and is the author of the popular trading resource The Options Playbook and its free, acclaimed companion site OptionsPlaybook.com. Prior to Ally, Brian was a senior staff instructor for the Chicago Board Options Exchange (CBOE) and managed the training department for one of the world’s largest market makers, Knight Trading Group.
Senior Investment Strategist for Ally Invest
Callie Cox is a senior investment strategist for Ally Invest. In her role, she helps educate Ally Invest customers about the financial markets through engaging content and strategic initiatives. Callie has worked in financial research for her entire career, with stints at LPL Research, TABB Group and Bloomberg. Her work has been featured in Bloomberg, the Financial Times, Yahoo Finance, and Barron’s (among other publications). You can also find her on Twitter at @callieabost.