The tech sell-off isn’t showing signs of ending. Consider this options trade to maximize gains.

Are you watching the Nasdaq-100 closely? If so, you’re not alone. The recent profit-taking and tech stock sell-off have many investors on edge. But fear not! At Extreme Investor Network, we have unique insights and strategies to help you navigate these turbulent times in the market.

The Nasdaq-100, tracked by the Invesco QQQ Trust ETF, has been facing significant pressure as investors trim their exposure to the “Magnificent Seven” tech stocks. With earnings reports from these tech giants causing volatility and uncertainty, many are wondering how to profit from a potential further plunge in the tech sector.

After recent lows in companies like Nvidia, Meta Platforms, and Alphabet, the Nasdaq attempted a comeback but ultimately fell back into the red. This rotation has seen the Russell 2000 and Dow Industrials edging higher while tech stocks struggle.

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At Extreme Investor Network, we believe that there may be more room for the Nasdaq-100 to drop, potentially down to its 200-day moving average. To help you capitalize on this potential downturn, we have an options strategy that may interest you. By executing a put spread, you can define your risk and potentially profit if the Nasdaq continues to trend downward as forecasted.

Our recommended trade is a debit spread involving buying the August regular expiration $455 put and selling the $425 put. This strategy allows you to limit your risk while potentially reaping rewards if the market moves in your favor. Remember, all investments come with risks, and it’s essential to consult with your financial advisor before making any decisions.

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When it comes to investing in today’s uncertain market, knowledge is power. Stay ahead of the curve with Extreme Investor Network, where we provide expert analysis and unique strategies to help you thrive in any market conditions. Join us on our journey to extreme investing success!

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