Mnq futures investors are balancing earnings beats
Investors are balancing earnings beats from key Nasdaq components with mixed macro data. Chart watchers note an ascending trend line acting as key support. Trade Forex (Currency) Futures w/ A Top FX Futures Broker. Free Platform. No License Fees. More FX Traders Now Trade Forex Futures ! Explore Forex Futures Markets & Get Started Today In this example, let it be assumed that a decision on the tariffs will be made in late October during the next hypothetical round of negotiations. Understanding that any decisions made during this meeting may take weeks and, possibly, months to take effect, the investor believes the market will correct for these policies by the end of the year. Therefore, options contracts with a December end-of-month expiration make the most sense if the investor is looking to limit losses as a result of trade negotiations. Since the investor holds 8 futures contracts, he subsequently sells 8 out-of-the-money Micro E-mini Nasdaq-100 call options and buys 8 out-of-the-money Micro E-mini Nasdaq-100 put options. As is typical with collar strategies, this allows the investor to generate cash by writing options to help finance the cost of protection against downside moves. MNQ futures extended Thursday’s gains, buoyed by a rally in megacap tech stocks. Analysts caution that overextension near the upper Bollinger Band may prompt a short-term pullback before resuming the uptrend.
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