In this episode, market experts Brian Overby and Lindsey Bell from Ally Invest provide real-time insights on PowerShares QQQ Trust (NASDAQ: QQQ) and discuss the Long Call Spread strategy for options trading.
Episode 18 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.
Chief Investment Strategist for Ally Invest
Lindsey Bell is Ally Invest’s Chief Investment Strategist, responsible for shaping the company’s point of view on investing and the global markets. She is also President of Ally Invest Advisors, responsible for its robo advisory offerings. Lindsey has a broad background in finance, with experience on the buy-side and sell-side, in research, and in investment banking, and has held roles at JPMorgan, Deutsche Bank, Jefferies, and CFRA Research.
Lindsey holds a passion for teaching individuals how to become successful long-term investors. She frequently shares her knowledge as a guest on national news outlets such as CNBC, CNN, Fox Business News, and Bloomberg News. She also serves on the board of Better Investing, a non-profit organization focused on investment education.