ETF Chart of the Day: Nasdaq Highs

With the Nasdaq Composite rising and closing above 5,000 yesterday, it is hard to ignore some upside call positioning in QQQ (PowerShares QQQ, Expense Ratio 0.20%) involving May 113 calls which tracks a sub-index of the Composite, the Nasdaq-100. Based on current levels in QQQ the 113 strikes are...
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