The expectation is for stock indices, especially QQQ, to close this week at much lower levels than it opened. Below are the three most leveraged positions we have recommended in both trading services over the past few weeks: PRO Service Premium Service Unless there is a robust rally cancelling out the "Deep, Dive, Pending" analysis, we will be rolling over all Jan 17th SQQQ calls to Feb 21st SQQQ calls. Preferred strikes for new positions are below, with $35 preferred, but all included in the table are attractive: SQQQ Feb 21st Preferred Strikes: This is a high risk high reward trade, both for the above Jan 17th positions and the new Feb 21st positions. New capital should be added on QQQ printing new lows. So far today's low print is 499.71. As for IWM, the new puts for both Feb and Mar expirations, discussed in the aforementioned Weekly Update, are recommended for all accounts. Like QQQ, IWM made a new low @ 213.97 near today's Open. IWM Daily Recommended IWM Puts: Feb 21st $210P and Mar 21st $200P, especially on any close below today's low @ 213.97 QQQ 120 Minute SQQQ 120 Minute
