Kim Bolton Invesco QQQ Trust Series 1 QQQ-Q TRADE May 21, 2025

It's close to overbought. Earnings have supported the rise in megatech stocks lately, but this is due for a small pullback in coming weeks.

For a tech innovation theme. Well diversified, mega-cap or large-cap positions. Listed in the US, but also available in Canada from many different providers in many different flavours and hedged/unhedged.

To protect his downside, he bought 450 puts with a Nov.15 expiration. If the market rolls over, he'll be protected. It's unheard of to recover from the recent volatility so cleanly upward. It's likely there will be some sort of backward move.

To protect his downside, he bought 450 puts with a Nov.15 expiration. If the market rolls over, he'll be protected. It's unheard of to recover from the recent volatility so cleanly upward. It's likely there will be some sort of backward move.

He uses the QQQ in 2 ways -- for trading and for hedging. The SQQQ is a short on the QQQ -- useful for Canadian platforms that don't allow you to get into futures and options on futures.

He's a stock-picker, so he wouldn't buy an ETF. However, companies in either of these are the place to be for the next 10 years.

Likes that strategy a lot, makes a lot of sense. It would keep the tech exposure, but de-emphasize the weight of the market cap.

In the US, there are some ETFs in the Innovator line. Gives you upside exposure, but contains buffers that protect on the downside for you.

He is seeing growth being the biggest draw down in the market. There are tailwinds for tech so you can look to add if you have a long time frame.

Write calls at 1-2-week maturities, short. Shares are near all-time highs.