In a few hours the July 18th options will go off the board. This marks a good time to review the breakout strategy for trading the QQQ, longer term and shorter term, as described in this post from July 1st: Trading The Q's. This is the near final performance table for those trades taken on Apr 24th and Jun 24th: Notes: Breakouts on the Q's work. Option performance is about the same between QQQ and the leveraged version of same (TQQQ) for both longer term and shorter term strategies. Making one bet on market direction can produce commensurate performance results as making multiple bets on individual securities. In other words, simply trading the Q's can not only make trading easier, but do so without sacrificing profits. QQQ - Annotated B/O Chart
