I was confused too. But no, $DQ is not America’s favorite destination for shakes, malts, and blizzards. But it is sexy in it’s own way — it’s an energy company named Daqo New Energy in one of the hottest sectors we think will be leading stocks higher this year — Solar Energy. According to wikipedia, $DQ is a Chinese company “engaged in the manufacture of monocrystalline silicon, polysilicon, and silicon wafers, primarily for use in solar photovoltaic systems.” OK, sounds cool? It really doesn’t matter to us, we’re just following price, and we’re going to trade it with options in a defined risk spread.
For my ideas to trade this with options, read more at All Star Options.