QQQ

ThetaEdgeHQ

The practical answer underneath the noise here is that the exposure problem and the volatility problem are two different things and need different tools. The exposure problem: if you hold QQQ specifically, the NASDAQ one hundred small float multiplier rule means SpaceX inclusion gets weighted at three to five times its actual free float percentage. The practical fix some commenters pointed at is correct, swap QQQ for an equal weight version like QQEW or for a broader vehicle like VOO or VT where the inclusion math is much smaller. That is an allocation move, not a hedge. The volatility problem is different. Retail can not actually hedge an index IPO inclusion event with stock allocation alone. The cleanest expression is a long dated put spread on QQQ dated around the inclusion window, typically thirty to ninety days after the IPO date, because that is when forced index buying compresses then mean reverts. The IV term structure already prices some of this, the front month is cheap relative to the three to four month dated options where the inclusion driven flow concentrates. Put spreads also limit the bleed if the event passes uneventfully. Panic selling everything today or sitting in cash for two months is the option that combines highest cost with worst outcome distribution. Picking either the allocation move or the targeted hedge is the practical answer. Doing both is overkill but defensible if the position size warrants it.

_WhatchaDoin_

I don’t know, this post seems a lot of recency bias to me. And clearly, the data shows (1) it is not a lie, and (2) it has not been decades. But heh, you do you, and can use confirmation bias to prove your points. You can compare BRK, SPY, and QQQ since 1999. BRK did overall better than SPY for pretty much all the time (except in 2000 when it dipped more, but caught up, then did better). BRK did better, by far, than QQQ until 2019. And yeah, in 2006, perf of QQQ for the past 7 years was god awful. QQQ then increased a lot, and dropped a lot in 2022, matching the overall perf of BRK. Then after it bounced back. So here, we are just saying that tech had a crazy growth in the past 3-4 years. I know that people on reddit are saying that investors who did not invest in DRAM stocks are idiot (because it did +100% in a month). Well, we’ll see how it will do in the next 5-10 years. [https://totalrealreturns.com/s/SPY,BRK-B,QQQ](https://totalrealreturns.com/s/SPY,BRK-B,QQQ)

Bagholder147

Check the Volume on the 680 SPY and QQQ options. 6/18 It's weird as hell. But who knows. I'm sure it will run at first. But these changes scream dump.

Primary_Ads

this is only accelerated by 6 months which isnt nearly as bad as QQQ

Primary_Ads

buy SPCX calls like a month out and then sell them if they go up. if SPCX doesnt do much you will lose the money but otherwise be safe and if it goes way up then can sell and then rebalance into QQQ to offset SPCX dilution. or rotate into spx. then you arent going to be diluted during the fast listing and the sell-off wont affect spx rebalancing as much. or do nothing and hold through the volatility.

RIVNMoonMe

Buy low-fee actively managed funds that have a profitability factor. Avantis (AVUS, AVEG, AVTM, ...) and Dimensional (DFUS, ...) are good. Avoid passively managed funds weighed on market cap like VOO, SPY, QQQ, etc.

llamaflocka

Damn are my QQQ 730 calls saved by none other than world peace?

big-mo

QQQ 730

supernova-infinite

I have $4000 in cash sitting in my Fidelity account. I'm a passive investor with main investments across VOO, QQQ, SCHD. However, I would like to experiment with this $4000 to maximize my returns. What are some ways to do this?

bruh67letsgo

All I know is I ain't touching QQQ for a hot minute. I am a SPY/VOO goblin until the Space X fast track into the NASDAQ shakes out.

Halbaras

Just ditch QQQ if you have it and buy VT or VOO. The pump should have given way to the dump by the time it gets added to the S&P. Absolutely nothing says you need to own a NASDAQ index fund, if you really want 'high growth high risk tech' there are plenty of other ways to achieve it. I'd agree that its a pretty worrying precedent for the NASDAQ to set between changing the free float rules to overweight tiny floats, and allowing fast entry (while this specific IPO also lets existing shareholders exit earlier than normal). I'd worry less about this particular IPO wiping anyone out (besides a few foolish active investors), and more about the floodgates the index's greed has opened. SpaceX's tradeable market cap will 'only' be $80 billion in non-NASDAQ indices, so its unlikely to distort the prices of anything else besides he other space stocks Reddit obsesses over but which make up a tiny proportion of the overall index. Tesla has been sitting at unhinged valuations for years but doesn't move the wider market.

Cav829

Could it? Sure. Like I'm not trying to be totally doomer against it, but the valuation makes no sense. And no, this isn't Tesla part 2. Tesla had an initial $1.7 billion market cap. Think about it this way: Tesla's initial market cap was 1/6th of RGTI's current market cap. $1.5 trillion market cap is two AMDs. So we know it's massively over-valued. We know there will be likely turbulence as Nasdaq ETFs and funds are forced to rebalance. It doesn't take a genius to see a lot of pumping and dumping here. Will it crash the market in the next month? Who the fuck knows. SpaceX is far from the only problematic company that will be in the Nasdaq after that. Could it mark the Nasdaq's top for a while? That seems more likely. If you're looking for a sensible middle-of-the-road move, just move some of your QQQ/Nasdaq allotment to an S&P fund for now. I mean that's not a terrible idea anyway with how overheated the Nasdaq is.

abstractraj

Oh! I see. Now it makes sense. Then maybe put a little into SPUS. This is a sharia compliant subset of the S&P. Although the ER is higher than a QQQ. Something to look at for a little diversity if you want. I’m not a financial advisor of course

NoMore_stu

Is PSY/QQQ a better place to park over VOO?

ATPsynthase12

This is Recency bias. Before 2015, the foreign market out performed the US market following the dot com crash until 2015/2016. Many people act like QQQ is the greatest etf on earth, but they only look at the last decade of returns. If you zoom out, you’ll see it underperformed from the dot com crash and took 15 years to reach its dot com era level of price per share. Including the foreign market in your portfolio diversifies you so that in the event of say an AI bubble or an economic down turn on US soil (both are likely), that you can keep your entire portfolio from shitting the bed.

Capable-Magician2094

Proposed change for S&P500 is to bring it from 12 months to 6 months so not as wild as QQQ.

Jerikolol

MSFT is going to 0$ B A N K R U P T and removed from SP500/QQQ as it should be

cazzeo

Except they changed the rules to triple the free float in QQQ and put it in there after only 3 weeks instead of 3 months.

ohgodthehorror95

For the market itself like index based ETFs (QQQ, SPY), sure. But not necessarily true for individual stocks. Not all stocks go up. And even if they do, a lot of them can still underperform the market.

Ansiktstryne

They only include the float, which is 5% for SpaceX. This means that even with a $2 trillion valuation it will be weighted as a $100 billion company by most funds. Just stay away from the Nasdaq100 (QQQ).

Painkiller8900

Thanks — works across all tickers not just SPY and QQQ.

Piyushhdangii

8 out of 11 is honestly pretty solid consistency. GEX levels definitely seem useful for intraday context, especially on high liquidity names like SPY and QQQ.

MoonManBigFish

So we sold QQQ under Bush because we were angry about the BS and we all looked around at each other and said what have we done now we are suffering…..fast forward to today we are angry again at all the BS but now we decided to buy QQQ in anger and never sell so now we look around and we have money yet still angry much better this time I guess we got smarter

Specialist_Cup_3603

Because most of technology stocks is halal + $pep + coca cola stock , the most safest option is QQQ ETF the price now is at 717.49$

Altruistic-Pin3207

Solid — 8 of 11 is well above darts, and the AAPL/MSFT/AMZN "didn't pin exactly but stayed in range" is the part most writeups skip. Curious whether your hit rate splits cleanly across the king-magnitude buckets. Big absolute-GEX kings (SPY/QQQ where dealer hedging is biggest) should be more reliable pins than the meme-y single names. I started logging mine in [strikerate.ca](http://strikerate.ca) by underlying and the result was less flattering than I assumed — most of my "GEX edge" was really the index ETFs, not the single names. One Friday is signal but not a sample size, so the underlying-level split is where the actual edge call is.

cyberfire101

morning dip-and-rip around 10:30 is a known intraday pattern tied to early profit-taking clearing out. the risk with 0DTE is one gap day wipes weeks of gains, so sizing matters more than direction. if you want to backtest that exact window on QQQ perps outside market hours, markets xyz lets you run that setup 24/7 which traditional brokers cant.

fungoodtrade

thought it was headed to QQQ

Early-Front3917

Hi All, I am hoping to save to buy a home and afford a surgery. Both huge expenses. 40s, 85k-125k year dep on part time job and bonuses. I do have a savings as well as 32k invested, and diversified. (25% growth inc VOO, QQQ; 25% div QQQI, F, O, and more, 50% in VUSXX and VMFXX. Only $85 a month div. I'm wondering if it's smarter if I get a $100k trailer and losing investment cash. Or keep renting at an absurb 2500 a month. The trailer at least only slightly depreciates now with inflation. Id expect it to resell for $95k in a year based on the others that have sold. It is trailer park with lot rent. With the trailer I'd lose up front money but have 1500 more monthly to invest. Homes here are 6-12% increase a year. Very hard to outpace. Thus far my investment is at 10% but kind of a weird market. My pay is up 45% over last year. What are your thoughts if you were in the situation? Not financial advice.

anarchy_pizza

I agree the missed opportunity costs have be massive. But I reassure myself that when it hits the 50% return I could’ve had in QQQ will be easily dwarfed. Maybe thats part copium but i honestly believe it.

Will1790

Inverse QQQ and SPY/VOO

Specialist_Cup_3603

I got 1630$ to invest monthly , i’m 23 , i will continue buying $MSFT $NVDA $GOOG $ORCL $NVO $INTC , if i got more money i will buy QQQ ETF

RLazerbeam

0DTE QQQ puts 

Ansiktstryne

Pretty much every other index than the QQQ is free float adjusted. This IPO is extremely shady, but unless you buy into it directly you’ll be fine.

otterbarks

For the Nasdaq-100, yes. (That’s why I mentioned QQQ.) However, other indexes do not need to follow that rule.

not_a_cumguzzler

you think too highly of yourself. I shorted NVDA, TSLA, PLTR, GOOG, and QQQ. all at relative bottoms

circadiggmigration

Can you choose which etf a stock buys? No. You can buy VOO or SPY, they're keeping the original rules for SpaceX. Tesla is already an SP500 co because they more than qualify. Keep in mind the Nasdaq only allocates based on the free float and Elon is only releasing 5 percent of spacex so even if you own QQQ the addition of spacex will be negligible. They're not buying 1 trillion worth of shares. As for Tesla, there's no real answer. You knew Tesla was a part of it when you bought it.

circadiggmigration

Well, even if it did beat QQQ, QQQ has the benefit of owning underlying companies that can continue performing, creating things and generating revenue. Yes, most people "trade" QQQ but you're actually buy an index of companies when you purchase it. BTC is entirely speculative.

aotus_trivirgatus

Stay out of QQQ?

DreamfulTrader

Glad to see you also made money on IWM and QQQ 😁 Very well, just check my profile and you will see the posts I started since last 4 weeks on the subreddit showing my trade with entry times. From Jan to Mar, the screenshot are burried in comments. IWM is very good at getting profits, but take your profit, I see when I try to get more than $20 per contract, it is stretching it. Yes it happens on some days to get $50+ per contract but trying to get it every day is not good. \- I am doing IWM as I re-started with a small cash account to grow it from $300 to $60,000 in 6 months and it fits my strategy and this year I switched to 0dte. I am working full time, so I don't have much time to watch the chart for hours. 1h or so is good nowadays. \- I'll probably switch back to QQQ/SPY when my account is bigger later. They are money generating for day trading. You can see in my video from 12 months ago (see my channel in my profile), I was making profits on SPY and I show also the broker statement. I don't have time to make videos, I'll make some in a month or so.

otterbarks

Avoid QQQ(M), since the Nasdaq-100 significantly changed their rules in a way that exposes you to more SpaceX. Outside of that, most other index funds (VTI, etc.) are free-float adjusted. One of the games SpaceX is playing is they're structured with an unusually small float (just 3-5%), which surprisingly offers some protection because those funds will automatically scale down their investment in SpaceX to match. At 5% they'll treat it as a $50B to $100B company, instead of $1.5T. See: [https://www.reddit.com/r/Bogleheads/comments/1tkxhpl/protecting\_ourselves\_from\_spacex\_ipo/](https://www.reddit.com/r/Bogleheads/comments/1tkxhpl/protecting_ourselves_from_spacex_ipo/)

Saffuran

The market and people who invest in Elon are not rational. That being said the market is not the economy and fundamentals only matter to a certain extent. SPCX is going to rocket because the market is manipulated for it to do so, only about 5% or so of the company is going to be publicly traded (low float, artificially low scarcity meets FOMO conditions means price skyrockets) and the NASDAQ changed its rules specifically for Elon/SpaceX so that 7 days after it lists, if you have a retirement account that simply holds NASDAQ index funds (something like QQQ) you are also going to own some SpaceX. This has never been the case before. SpaceX is going to have a 24-48 hours of FOMO and aggressive institutional buying to keep the floor high for when the index funds start selling off portions of MSFT, NVDA e.t.c. to buy SpaceX, which is just going to drive it up again. GOOGL also owns a lot of private SpaceX shares so if you own Google you will also be getting some exposure to the IPO.

crithema

I you have 100k in QQQ, and spaceX will be 4% of that, short 4K of spaceX.

AltruisticDBS

Get QQQ or SMH/SoXX and move on.

buried_lede

So, when does it get included, day 1 or just in time for QQQ to catch the big dump!  Either way i think it’s a bad idea

Odd-Block-2998

How come QQQ is green while NVDA is red? Weird.

buonoxc

Damn - this sounds like a great case for holding indexes instead. Could just hold QQQ , VGT, SPMO, VOO one of those.. you don’t have to second guess your conviction on bad days, weeks or months when you hold an index. or copy trumps portfolio knowing he’s got the insider info. (He had a great day today).

CriticismMost3450

You can do it fairly simply, albeit it’s advisable to mitigate risk somewhat. I wouldn’t do this exact thing, but if you structure your investment this way, you should be fine. Buy 300 shares of QQQ @ $717.54. $215,262 Buy 3 puts, strike $755 Dec2028 for $10,000 each Total capital used = $245,262 The puts used guarantees you a payback of $226,500 in December of 2028. Now you play with it however you need, just mitigate the risk, sell covered calls to pay the monthly payment.

TheRealArmament

It hurts QQQ is up over 20% in one month

UnfazedBrownie

How are you doing with IWM these days? I used to be able to churn pretty well but not lately. QQQ has had to bail me out the last few times.

TheRealArmament

Should we sell and buy QQQ?

Otherwise_Emu_542

I exclusively trade the QQQ 0 dtes. It’s dumb… but I just follow the 9/15 EMA line crosses on the 3 minute chart. It works 75% of the time. 4k profits in 2 weeks trading with fixed $400-$500 per position with 25% StopLoss.

wandererarkhamknight

More like 0.7% of QQQ. Lower for VOO, VTI and VT, in that order.

Toyota_Chewy

In my very short experience of options trading, 0DTE’s seem very hard to manage. They fluctuate so quick from 0 to 100 in the blink of an eye. It’s almost unmanageable for me. I have started dabbling with 3-7 day SPY & QQQ chains. I’m winning so far, but very small gains rn due to uncertainty and inexperience… One question I do have, are those considered day trades by your broker?

Ok_Cry7572

QQQ has rallied +30% from March lows in 6 weeks. It has gained only +0.9% in the past 2 weeks. Only 0.9% cause that is when I started buying calls

DreamfulTrader

Yes, see my posts with the entries and exits. Some are in comments from Jan to March. I am doing 0dte since start of the year. One trade a day and maybe 2-5 times a week. Only on ETFs like SPY, QQQ, IWM etc

RunsaberSR

Just follow the money really. Billionaires, governments etc are shoveling money into tech/infrastructure. Me too. And I'll keep doing it until i see the money leaving or going elsewhere. If you want an entry, sit on your $ and wait for SPY/QQQ to hit the 200day EMA again on the daily chart after some "event". Then start scaling into something "safe", VOO, SCHD, VTI, QQQ/SPY etc to start out (OR SOXL, DRAM...i REALLY like CHPY). And just hold it. And keep adding. Then you wait. Then you're rich. 👍

aDonkeyWithACarrot

Buying Reddit calls almost ruined me Luckily I sold some to then buy some QQQ puts but I paper handed most of them I then bought more RDDT calls again

JuneauMori

Massive fucking dump for QQQ to 716 EOD

BBBY4ever

Literally all of the nasdaq is down but QQQ still green. Sus

Snoo23417

We live in a time when QQQ being only up 0.5% is a bear's delight.

JuneauMori

Look at this, QQQ about to break 718 resistance and then down trend some more. Never should've let greed take over

caringforapathy

Haha bought a 5/29 QQQ 710p at lunch and set a trailing stop when stepping out earlier this aft. It literally triggered and sold at the exact low of the day at 1:30 with the QQQ spike, and of course now it's up. Just wasn't my day today.

sloanemonroe

I swear to fucking God man. I got shaken out of my QQQ putts when it went up to 722 and now they would have tripled.

Terrible-Deer1398

I keep seeing posts like “holy shit it’s dumping” and QQQ went from 720.1 to 719.9 😐

JuneauMori

QQQ break 719 resistance and downwards slope

greyenlightenment

shorting btc, long tech prting again. best method ever. making money on the tech positions (CHPY, QQQ) and the hedge (BITI)

okbetokbetokbet

1W chart on QQQ looks fucking cancerous

Meeting_Ok2

Man should've bought that QQQ dip 😒

joe4942

* QQQ: +0.80% * XLK: +1.43% * MAGS: +0.13% Markets have definitely changed from the days of the MAGS driving market returns.

JuneauMori

I see massive dump, QQQ 716 EOD

HSuke

I'm considering selling all my QQQ. LTCG taxes gonna hurt next year, but I hate this shit they're pulling.

EntrepreneurOld7858

Gonna be honest im so fucking glad I didnt listen to WSB about TSLA. I made all my money I lost from shorting QQQ like a retard last year.

VeryMercurial

QQQ wicked into a new ATH and said I’m outta here

CarrierAreArrived

unless you're trying to fat fire, I don't see why you can't retire w/ about your current portfolio size, maybe a little more, just sitting mostly in SPY/QQQ or Mag 7 names directly, then sell portfolio margin secured puts on whichever tickers you like for income (just keep a smart margin buffer), and covered calls on the Mag 7 names you hold.

sloanemonroe

Pretty sure they pumped QQQ to 722 very briefly to make people sell their puts before they lost every penny they had. And now, of course it’s going back down. They are complete and utter fucking assholes.

_TheOoze_

I'm crushing you, up $37 on short QQQ puts. I should've scalped the 5/29 ASTS calls that I bought at market open, but I'm tryna diamond hand them, hoping for a fookin miracle on Tuesday.

Atmosphere2584

QQQ/SPY new ATH today 🤞🏼

FuckingJPMAlgos

Short the VIX, long QQQ. Half stock, half cash.

Dry_Bar_4965

HOW is SPY and QQQ going UP when NVDA is down?

Redsirr

QQQ showing some strength

LavishnessTimely7372

Can QQQ go up another 10 points please

caringforapathy

Said I wasn't going to play today, but I did. And I lost money. Now in 5/29 QQQ 710p just before this latest 15min red candle before heading out to do some shit. Fingers crossed war breaks out again.

AliExpress7

When you think it's Individually over priced, sell some shares and buy QQQ instead. If there's ever a massive sell off and you think it's worth buying again you can always swap back. QQQ means you retain some exposure no matter what.

Felix_Aterni

Which market is he talking about because neither Spy nor QQQ are at AH lol

KevinWarshNudes

I could have just full ported QQQ, but I chose to make hundreds of trades. When you go Atlantic to pacific do you take shortcuts through the Panama Canal? YOU GO AROUND THE HORN LIKE A MAN!

OriginalFatPickle

looking for a quick scalp on QQQ. hoping this is a double top, not another leg up.

Valkorion335786

QQQ had a wild recovery ngl

TickTockTaudit

DOW and Russell are handing their day gains to QQQ

JuneauMori

QQQ im ready for another free fall once you hit that high, you slippery fuck

qrqrafafzvzv

Got 16 long QQQ calls, let's go!

Valkorion335786

I just think QQQ would look real neat at 721

qrqrafafzvzv

Currently, I am holding 3 itm long QQQ calls. Another 4 longer otm QQQ calls. And another 9 even longer otm QQQ calls. You think I'm compensating for something, or is this play for ants?

Wrath_FMA

I really don't think my long dated QQQ puts would appreciate that

AbominableSnack

My QQQ calls smh

qrqrafafzvzv

We'll going to hit this QQQ ATH wall a few times before we smash through it.

Valkorion335786

My QQQ calls are being water boarded

bigboybigbat

Woke up today and kept seeing the number 729 in my dreams. Just bought calls. QQQ 729. Putting it out in the universe. Show me some magic. You have done it for many on this sub.

No_Tie9686

it looks like there's movement on QQQ, but really it's just flat. it's all fake

LumpyShock9656

Another day of QQQ lighting up my portfolio

LifeDynamo

You have to go back almost 30 years for your example. 30 years is longer than most serious investors even work. Yeah, Berkshire and Buffett were pretty good in the 1900s and during the 2000 QQQ drop. I agree with you there. But since then, it has been a disappointment and has kept countless people poor.