QQQ

sl3azebag

guys what is QQQ at I'm high as fuck and dont wanna check myself thanks

astrawberryandakiwi

I just need QQQ to stay about 647 at open

Astronaut100

Dude. If you really want to risk your mom’s retirement money, at least do something halfway reasonable like buying QQQ. Leveraged funds can bite you hard when they go in the wrong direction.

Big-Finding2976

And put $100 into a 3rd account to see whether just buying QQQ beats the other methods.

NoProfessional4650

Am I regarded to do this (QQQ calls) https://preview.redd.it/73c8fdhqohwg1.jpeg?width=1290&format=pjpg&auto=webp&s=4366f254570900476d97392c29119f5a3b73c486

StupidStartupExpert

DCAing these things works surprisingly well as long as you pick one with an underlying that experiences a real boom like QQQ or SOXL.

justgivemegains

Don’t gamble smooth brain. You’d just select good stocks and invest if you don’t even know how to do that, VOO/QQQ/SPY and chill

zuziannka

Nah there was a 17mil call volume increase on QQQ someone knows something

sl3azebag

full porting QQQ 0dte calls tmrw k thanks bye

sl3azebag

my life depends on QQQ 655 tmrw

breakyourteethnow

You're the one with zero common sense, and it shows. You've clearly done no research, have no clue what you're even talking about. What a complete fool. Why would you invest into SCHD/DGRO and make 40% in five years after dividends just cause their dividends pay a little more? Seriously, are you that daft. Dividend growth comes from the fact QQQ share price appreciates at such a tremendous rate, if the shares are worth more the dividend increases as well how difficult is it for you to comprehend something a child could understand?! Selling covered calls on a $5 stock vs a $50 stock obviously the premiums are going to be much higher. How hard is it for you to grasp GPIQ covers 87% of the share price growth of QQQ, which translates into a higher share price. Get help you clearly need it.

Fastest_light

broader market - meaning index funds like QQQ, SPY, etc.

Practical-Unit-984

The Wal͏lace investing a͏pp is awe͏some. I used it to get rid of Tesla from QQQ but it's easy to say "I want to invest in semiconductors, weigh by ROE". Lots of different strategy options, I think the website undersells it tbh.

Sufficient_Nose629

QQQ 700 by 05/01

breakyourteethnow

Are you daft? Look at the dividend history yourself fool. Does it pay in the .30c still? Obviously not. I'll give you a hint, it's paid 10% for the last three years and there's been moments where VIX trades at $15 for months. Anyways, how asinine to argue how somebody else chooses to invest their own money do you always whine this hard god forbid I retain 87% of the growth of QQQ while receiving an income with no NAV erosion.

Specialist-Sun-4751

That QQQ chart since close looks wonky af.

Dornitz

No I went from 50k to 100k on 2x QQQ. I always kept my cash light.

photosynthescythe

So you went from having 2k in your emergency fund less than a year ago to having 6 figures with making monthly deposits on QQQ lol

Dornitz

Do what I did and just go all in on QQQ or VGT and contribute your own money monthly.

breakyourteethnow

Mislabeling GPIQ entirely, it's a cc etf OF QQQ, the largest 100 companies non-financial companies of NASDAQ. The distribution does grow, the average growth has been 13% per year before the dividend. Meanwhile, SCHD/DGRO makes 35% in five years. You're comparing a Nissan to a Lambo.

TheBestCanadianGoose

dude this shit is scaring the f outta me, this looks like late cycle garbage.... flowers.com? Beyond Meat? All Birds? QQQ rsi above 71? I may be wrong but wtf this has to chill

Dornitz

You can literally feel QQQ wanting to shrek up. Its wild. 700 soon.

sl3azebag

QQQ to \~653 tmrw

Traditional-Emu-6620

I took the day off trading today. I thought we’d go red with the strait closing but SPY only went down 0.2%?! Markets are still super bullish so I’m buying QQQ calls at open tomorrow.

astrawberryandakiwi

QQQ losing 648 🙃

astrawberryandakiwi

QQQ to 650 tomorrow

jroache

How do we remove Microslop from QQQ and Spy? Can we sign a petition. Feels like everyone would benefit if it just held more google and nvidia instead

StevenBikes4Life

QQQ and SPY less than half daily volume. "Somebody" is letting the suckers buy...

Odd-Block-2998

QQQ: Lost my 13-day green streak. Feeling cute. May ATH again tomorrow to f\*ck with bears.

Dornitz

Noooo the QQQ streak whyyyy 😭😭😭😭

Red_V_Standing_By

Bought ATM calls on GOOG and SOUN for a few months out. Parked the rest in QQQ shares.

barrel4barrel

if you’re young there’s like next to no point in heavily dividend investing. I’m not saying write it off completely but it’s kinda tarded imo. Divs are for when you have already amassed a fat cash pile and need to bump your risk down. I guess everyone has their own tolerance to risk but given that you’re a few decades to retirement, why not leverage that? If you’re young and you’ve got 2k I would be putting that into something that can actually grow meaningfully. QQQ pretty easy but if I was you I’d honestly do enough DD to pick 1-3 single stocks you feel confident on. Just don’t see 2k going a long way for div investing even with DRIP, can prob use capital in much more efficient way for now

crazybutthole

You are missing that they (the ETF fund provider) is selling covered calls to pay you income. They are charging you fees - and eroding the QQQ underlying and you will "triggering a taxable event" every month when they send you distribution/dividend/ whatever you want to call it. You would be better off to buy 100+ shares of QQQ or VOO or VTI and sell the covered calls your self and avoid the fees. Or just own the shares and hold. In 5-7 years when you need income sell a share or two every time you need (xx) dollars.

devereaux

Watching QQQ move in 30-cent range is maddening

greenpride32

QQQI sells covered calls to generate distributions. It's very different than a company which pays dividends from profits. What is a covered call? It means you own the underlying stock (it's "covered"), or in this case the QQQ ETF, and then you sell a buyer the rights to future gains, in return for upfront cash today, the options premium. Your options premium is set at current market value, but future gains have limitless potential - or in other words, you might collect a $1 today and that's it, but the buyer of your option has potential to gain $2, $5, $10, $20. Why this is important is QQQI has limited upside gains, but has no downside protection. When QQQ goes down by 10%, your QQQI NAV goes down by 10%. But when QQQ goes up 10%, QQQI will just get a small fraction of that (in theory if QQQ goes up very slowly and below call strike price, QQQI could capture all upsdie - but odds of this happening long term is about zero). I'm not going to lookup exact numbers, but from my memory, QQQ was up about 25% in 2024 and about 20% in 2025. QQQI debuted in FEB 2024, so not quite the full stretch of 2024-2025. However, QQQI NAV only gained about 5% during that near 2 year stretch. Why such different results? Because all the upside gains were sold off in return for the immediate options premium. But if you calculate out the distributions, and even better DRIP it, it doesn't look so bad for QQQI compared to QQQ in total return. Let's look back to QQQ gains - 25% and 20%. Those are both over the historical average yearly return for QQQ. So what happens when QQQ has more muted years, or even worse, negative ones? QQQI will surely lose NAV. It looks "great" today because QQQ had 2 overperformant years. It won't look so great when it has 2 underperforming years. When QQQI loses NAV, it means the amount of underlying QQQ it holds is going to be less (this is very different than holding QQQ and riding out the ups and downs - you're losing cash to buy the equity rather than just owning the equity). Holding less underlying means your options premium and distribution amounts will be a smaller nominal amount, despite the yield likely remaining in the same high band of 13-14%. VOO is considered safe because you own shares in companies that have trended up over time. When the shares increase in value, you own every single cent of those gains. Let's say hypothetically VOO goes from $500 to $300 and the back to $750; the entire recovery is yours. QQQI is considered risky because it has no downside protection, yet the upside/recovery is capped. So you're banking on the options premium outweighting the "losses" or "missing chunks" of recovery increment that you sold off. In the short term, it seems reasonable. But as you stretch out the timeline well odds are you're going to lose a sliver here and a sliver there. If 25% and 20% underlying (which compounds to 50%) only gets you 5% NAV gain, I think it's fair to say long term NAV is flat or negative and nominal distributions have little chance to grow over time, and more likely declining. Disclosure: I own both VOO and QQQI. My QQQI is meant strictly for income. I view it as always better than HYSA return, even in the long run, and I need/want the income today. If you don't want income today, and want growth no way do I suggest QQQI. Fun fact - SCHD yields 3.5-4%. Over past 10 years, it has roughly gone from $12 to over $30 and distributions went from $0.40/share to over $1/share. That puts the returns for each at over 150%. It also means your yield on cost is over 8%. If time is on your side, SCHD will beat (crush really) QQQI in the long run with both capital appreication and yield on cost.

gamblinproblem

!banbet QQQ 650 1d

gamblinproblem

Someone with a sperm whale load of QQQ just needs to dump it

Aigpil

one add for anyone specifically going the premium-selling route -- the starting sequence is different from pure vol trading, and OP's guide kind of blends them. concrete on-ramp for theta sellers: CSPs on liquid ETFs (SPY/QQQ/IWM), .15-.20 delta, 30-45 DTE, close at 50% profit. run that for 6+ months before touching single names with earnings events. the reason that boring setup matters: it teaches you how IV rank works in practice. selling when IV rank is 50+ percentile (not just "IV looks elevated") gives you an actual edge over realized vol. selling at rank 15-20 means you're collecting thin premium against essentially the same downside risk. most beginners read the theory and jump straight to complex structures on volatile names. then a loss hits and they can't tell if it was a bad entry, bad vol timing, or just bad luck.

sl3azebag

was QQQ 650 a dumb call choice for tmrw

Much_Candle_942

Just get $1000 worth VICI or Rithm Capital for dividends; and the other half in QQQ for growth.

Pikachumon25

bers, why cant you keep QQQ below 645

raisedeyebrow4891

Thanks for the reminder… going to go buy more QQQ calls

mdh1119

sorry guys I bought a long QQQ straddle at around 1PM EST. that's why it's traded sideways for the last few hours

MadDabbed

QQQ bounce incoming?

DesktopSurfer

Hey man I'm starting my trading journey right now too! Depo'd about $2600 waiting on it to clear. Have not done much stock options trading but spent the last 4 years or so messing around with crypto futures. Trying to distance myself from crypto.. I'd like to try to stick to boring 3:1 risk trades.. SPY, QQQ ?

Pikachumon25

*Since you're already down, do me a favor and stay below 645 QQQ*

Jacobpapi

Sorry guys, QQQ -4% EOD, im a bull but im feeling itchy nipples and thats a sign

hollow_bridge

I disagree with the idea that you should reduce the quantity of items in your portfolio. There's no real downside to having a lot of different picks. You don't need to catch the news on each item as it happens, the big traders will always make their sales affecting the market price before you have the opportunity to. It especially doesn't matter for stocks you believe in and are holding long term. I also disagree with the concept that you should move out of tech. Looking at your portfolio briefly without calculations I think you have far out-performed the market with your current strategy. If instead you had been more heavily into VOO or QQQ I expect your gains would have been ~half of what they are now. If your strategy is working, don't ask people on reddit imo. If you want to diversify, the things i see missing are energy, supermarkets, manufacturing, you might also try different lower risk financial instruments tips, bonds, cds.

Sebastian202323

QQQ 648 node is bright yellow...

thefrozen_one

My QQQ puts have been printing since market open

dataCollector42069

this shit aint good for your mental health. I just started boxing and guitar going to have more time for other hobbies then having prices constantly in my mind. Using the $800 a month I was paying in loans on an auto QQQ buy

ajr901

You're welcome, guys. I sold my QQQ calls at ~642. Of course now it starts climbing again. Want me to sell my SPY calls too?

Potential_Salt_5780

After a brief scan, you have way too many tech stocks especially very risky ones. If and when the market tanks you will be in a world of hurt. I would transition more towards VOO or VTI. If you like tech then QQQ. I was very heavy on tech as 95% of my portfolio was AAPL from 2007. I slowly sold over the past 3-4 years now more than half of my holdings are broad market ETFs. If you like trading then use like 5% of your portfolio to invest in high risk/reward stocks.

RealWooWhee

BTC IS NOT QQQ MICRO FUTURES ANYMORE? Why is it green

gamjatang111

but if you plot the DXY with the SPY or QQQ you will see markets are outperforming devaluation

Swimming-Plane-1610

QQQ gonna be green soon

Alive-South-8808

So QQQ green by 10:30???

looool_k_libtard

Time to load the fuck up on $250 QQQ weekly puts. Asteroid is on its way followed by Godzilla.

SpecialistB

!banbet QQQ -2.5% 2d

SpecialistB

!banbet QQQ 640 1d

OptionsProOfficial

In theory this is “just” a structured way to be long SPY/QQQ and short vol, so it can work, but the two big gotchas are path risk and roll risk: a multi‑year grind up with sharp rips can leave your calls permanently underwater and force you to keep rolling for credits that don’t really make you whole, and a big crash can hit both sides at once if you’re leaning on margin and using SGOV as collateral instead of true cash. Over very long horizons the edge mostly comes from owning the indexes and sizing your short options small enough that you could tolerate both “calls buried in a face‑ripper rally” and “puts buried in a crash” without being forced to liquidate or roll into worse positions just to survive.

OptionsProOfficial

Most people who sell puts long term end up focusing on big, liquid names they’d actually be happy to own on a dip (GOOGL, AMZN, MSFT, AAPL, broad ETFs like SPY/QQQ) instead of random high-IV junk, then sizing so that assignment is a win, not a disaster. If you’re serious about that 1k/month goal, our OptionsPro Suite is built for exactly this use case: tracking every CSP, seeing what tickers and DTE windows actually work for you over time, and making sure you’re getting paid to buy stocks you want, at prices you chose, instead of just chasing the fattest number on the options chain.

qrqrafafzvzv

Watching QQQ is like watching grass grow.

ihopethisworksfornow

What’s wild is that, objectively: things look pretty sketchy. Yeah I’m sure the big winners of the AI race will print money. Shit is getting pretty god damn useful. There’s still tons of bullshit companies out there though, private credit/equity *is for real* looking sketchy, and inflation is *very likely* to surge up for at least a handful of months, potentially fucking us on rate cuts. But on the other hand you’d have to be a fucking moron to not be buying shares at the very least right now. I expected us to hit 560 on QQQ and bounce, but I didn’t think we’d bounce to ATH.

Any-Cartoonist-7052

So QQQ calls at open tweet at let’s say 10:42?

SighRamp

SPY and QQQ didn't fail under Friday's lows. Not much reason YET to start looking bearish on the market until we get a fail and hold under Friday's lows at minimum. I would love a nice pullback again to those demand levels.

polymanAI

Early exercise on seemingly OTM options usually means the buyer had a dividend or corporate action thesis. Check if QQQ had an ex-dividend date near expiry - that's the most common reason for irrational early exercise of calls. The exercise value exceeds the remaining time value when the dividend is large enough.

mastermindinvestor

https://preview.redd.it/5wddc356kbwg1.png?width=1444&format=png&auto=webp&s=046cd852e57f3b432d4438e50794e337f79e29df No wonder USO is flying, even outperforming QQQ at this point lol

Afraid_Contest_6769

After 10am, calls QQQ

ozthinker

The stock market is very well connected to the economy and reality, actually. I remember those years back then vividly. In 2009, the market was bottoming after 2008 GFC that "destroyed the entire world's financial system". That time, nobody believed the bottoming because jobs and everything was still in tatters. Everyone was dissing Obamanomics, and many people "knew for a fact" this was a new world order and Obama was a communist / socialist and the birth certificate thing was still going the round. That time, QQQ was trading about $30. Today, with the Iran distraction, QQQ is trading close to $650. The market is always forward looking. There is a lot of time points in the future, and most of them would not even remember the Iran war.

BoVYYC

trust me QQQ will reach $700 this summer

Dangerous-Career5793

Ber here.  Got ten QQQ puts expiring Wednesday.  Bols too slow to realize they are in a fever pitch of delusion.  You are all exit liquidity.  Say it with me.

IndividualStatus1924

I wouldn't recommend spx. Spy or QQQ is cheaper to trade. Which is what i am sticking too

Acavia8

RKLB, QQQ, SPY (I looked at no others) are hugging the upperbound of a vwap chart all night.

version-two

I enjoyed it. So, how good of a trader was the girl you wrote this for? Or did you lose someone irl? The volume piece is something Ive been following for a few weeks now. Charts are real, divergence real; but Market is wholly irrational (or maybe it’s fully rational 🤷‍♂️) Don’t know which.. Im holding June 550P. I was seeing the same. Also holding 560p QQQ leaps. I’m a bull, i like the play. I don’t know if they’ll let it drop though.

GoZukkYourself

I don't know if it will, but it got the QQQ bump when it was announced.

Acrobatic-Toe-1

Options can be settled after the market closes ... for something like 30 minutes. So, the stock prices rises above the strike, it can trigger assignment. That's why options closes to the strike are NOT at $0 at close. If close, you need to make a decision (close / roll) or gamble on a exercise. That said, this will work for you. Due to Iran military overruling the Iranian government and closing the strait, stocks, and accordingly QQQ will be lower at the open tomorrow, and you will be able to buy your QQQ shares back at a lower price. Well done!

Early-Elderberry-150

QQQ puts all week baby

anquoc35

QQQ down or up 0.7%? i'm colorblind, help me guys

_hiddenscout

The can. It’s around when people disclose, if they even disclose. I think it they don’t, it’s a tiny fee. There’s also the fact that the stuff like NANC just ends up looking like the QQQ, but higher expensive ratio.

dontslambro

After 17% up for the QQQ and 12.5% for the SPY. Let’s get one day of -2% just a relief for bears.

_rockthemike

QQQ 700

greyenlightenment

QQQ recover, BTC will not.

ThetaFarmingRegard

lord a -4% QQQ day would flush out all the diseased bulls

raisedeyebrow4891

There’s a lot of good advice here. Basically, don’t touch options until you have paper traded and learned as much as possible about them. Then I wouldn’t trade them but buy LEAPs with far out expiration dates on popular ETFs like SOY or QQQ. Don’t use more than a few % of your portfolio and have a solid position with everything else. Don’t try to time the market. Buying LEAPs is like synthetic stock but the value will increase or decrease as though you own 100 shares of the index if you own 1 contract. You would not hold until expiration. So a potential strategy could be having 80% in a common ETF, 18% in cash or bonds for dip buying and emergencies. 2% in LEAPs, to juice your returns if you believe that the market will go up. Don’t mess with out leaps. But don’t do any of this until you actually know what you are doing and don’t mind your portfolio swinging a bit more dramatically.

Peimai

Also remember even if they want the Market to continue to go higher, they absolutely want to do a $10 pull back back on spy and QQQ just to rattle people

morningstar3144

!banbet QQQ 639 3d

Qs9bxNKZ

Recognize you need to potentially do things like avoiding wash sales. This is why having a portfolio incorporating something like VTI and QQQ can help. You use them as the buffer for cashing out as you readjust the cost basis. Don’t bother if the gap is 10% or less in profit.

greyenlightenment

this is why shorting btc way better than puts. BTC dumps 4% like nothing, whereas QQQ may open .5% lower and then go green.

greyenlightenment

crypto shit the bed as always. watch as QQQ only open a little and goes green

greyenlightenment

QQQ,

cleatosthefetus

This all depends on experience, bro. I turned 300 into 10k in 2 months in a challenge account, but if you’re just starting out this will be extremely challenging. SPX/ QQQ/ SPY puts/ calls are the way, but you’re going to have a very limited amount of plays you can use in a day. Only take the best set ups and don’t look for moon shots. 100 the first day, 150 the next, etc. a million is mathematically impossible with the correct risk management. If you were starting with 10k the likelihood of achieving that goal is much higher. Shoot for 100k this year and then go for a million. You could also look into highly volatile options like MU/SNDK. NFA, but like I said don’t try and shoot for a million.

MutaliskGluon

You know theres gonna be a TACO (probably blockade being pulled) plus a tweet at like 7 am about "ceasefire talks going well Iran wants to make a deal" and QQQ will be up another 1.5% tomorrow on more nonsense

the_humeister

Whoever was on the other side likely shorted QQQ when it moved above 649 and then exercised the long call in order to lock in profits.

GammaReaper_

OP got assigned when they thought the calls were OOM and expired worthless. Now they are unexpectedly long QQQ over the weekend, hence the reason for the question. Or at least that's how I'm reading it.

PapaCharlie9

Sure, as long as the orders are on two completely different trades, like buy a new SPY call and sell a QQQ put that you already had open. If you meant on the same trade, no. However, some brokers support **conditional order types** that might get closer to what you want. For example, for an existing open position like a long QQQ put, you can use an OCO order for both a limit order to close for a profit and a stop-limit order to close for a loss. If the condition for one is met, the other order is canceled. Another conditional order is a bracket order. It combines a limit order to open with an OCO. Once the limit order to open is executed, the OCO becomes active.

C2theC

Not when referring to ETF indexes where QQQ is traded on the Nasdaq, based in NYC in ET. Why not even

PapaCharlie9

This is why I asked. SPY ≠ the US market. SPX ≠ the US market. QQQ ≠ the US market.

GammaReaper_

OP is the person who got assigned so they are now long QQQ...

I_am_Nerman

Why not just QQQ?