PeakTrader.com

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Tue: Top Buys QQQQ DIA Top Sells SPX SPY

Primary Trades:

QQQQ Jul 38 calls are buys on pullbacks, until late next week.

Secondary Trades:

QQQQ Jun 38 calls and DIA Jun 108 calls on pullbacks. SPX Jun 1,280 or SPY Jul 130 puts at SPX 1,275 for a short-term or intermediate-term trade.

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Primary Trade: An intermediate or long term trade. Timing can be off substantially. Volatility not a factor. Risk is low to moderate. Potential return is often moderate.

Secondary Trade: A short term trade. Timing must be accurate or volatility must be high. Risk is high. Potential return is high.

Secondary Trades should be generally avoided, although considered. Note: If Secondary Trades are taken, they may affect Primary Trades.