PLAY PODCASTS
Using Options, SPY & QQQ in an Overbought Market

Using Options, SPY & QQQ in an Overbought Market

Schwab Network · Schwab Network

July 7, 20259m 58s

Audio is streamed directly from the publisher (anchor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

"Buying into this market is a little bit dangerous right now," says Bob Lang. He sees the SPX pulling back to either 6,000 or 6,100 as it and the NDX wave overbought flags. Bob urges investors to consider using short-term puts in options and using the SPY and QQQ ETFs until more selling takes place. He later notes Meta Platforms (META), Microsoft (MSFT), and Chime (CHYM) as stocks with upside potential.


======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about