QQQ

PapaCharlie9

If you think pass bets are for suckers due to streaks, LAY the 4 for $40 after the come out and bet $5 on Hard 4 for insurance. If an easy 4 comes, you lose the full $47 (maybe $46 if the dealer gives you a discount on the vig), but if it's a hard 4, you only lose $7. Even less if its a table where they only take vig if you win. If you win, you net $13. There's no equivalent to establishing a point for trading options. Best you can do is translate the odds of whatever craps strategy you are using (which will all be -ev, since craps doesn't have a +ev strat like blackjack or poker) and map that onto the delta of a QQQ call. Say you are placing 6 and 8 after the come out only. That's about a 62.5% probability of profit on average. So you'll want to buy a call that is as close to 0.625 delta as possible. The call should have a near-term expiration, like a week or less, so that delta is a reasonable approximation of probability of profit. That only matches the win rate of the craps strat (more or less), not the payout structure. It's impossible to make the option payout equal to the craps payout. There's no accounting for luck.

PracticalAnywhere225

What are the chances QQQ gaps up to 623 over the weekend? (I need QQQ to gap up to 623 over the weekend)

fungoodtrade

Do you calculate the delta dollars of your portfolio daily? I know every day what the delta of my portfolio is and depending on the micro and macro I will hedge accordingly. You can keep some of your strategy, but if you aren't offsetting your delta you are going to get handed a big bag of shit one day. For a new trader you are playing with a lot of money and I'm not sure you really understand the difference between a stick, gunpowder, and a nuclear bomb. if you are on ibkr, just add the delta dollars column to your port, shift + win + s your portfolio or export it to a file, have chat gpt calculate your delta dollars or calculate it yourself. If you are leveraged more than 1.3x or so and aren't hedging then you are just biding time until you get smacked. chat gpt can calculate your projected loss on a 1, 2, 5% index move, so I think if you check the delta dollars of your port today... run it through chat gpt with a copy of your portfolio... you will know exactly where you stand. Its obvious that you are running a really high positive delta from what you've said. You can hedge that positive delta with various instruments. Short MNQ, MES, OTM QQQ puts, OTM SPY puts, Individual ticker OTM puts, I'm running pretty delta neutral rn, slightly positive, but the things I'm holding are 100% high conviction. I'm even buying puts on them every time they hit the top of their range. If you are extremely delta positive in this market... I'd actually advise to carefully reevaluate that stance. Get to close to neutral and then reexplore your strategy slowly would be my actual two cents. Just shit I've already had to learn... because options really are a stick, a hand grenade, and a nuclear bomb.

APJ30

I would allocate 70% of the portfolio on wheeling index funds like SPY/QQQ/IWM and 30% on good quality, slightly high IV names like TSLA, NVDA, NFLX etc. (all cash secured)

pka7

You can mix and match between TSLA, NVDA, MSFT, QQQ, SPY depending on how they are behaving. TSLA prob has the best premiums of this but obv the riskiest as well.

Rico_Pobre

Why not just sell CSPs on the indexes that you want to buy, like VOO and/or QQQ and start taking positions with the premium earned, until assignment?

BeFree94

I love to see this. Similar situation yesterday - $3k Play/Puts on QQQ from the beginning of Market Hours. Unfortunately....I got out 30mins later, once my play hit 100% 😂. There was no indication the stocks would go straight to heĺl the way they did - so I settled for the profit of 100%/3k, and called it a morning (out by 10am, today was a good day). Had i held until at least 12pm - I'd of made 20k-30k from the same play 😅. The FOMO hit hard, but still grateful I was on the right side of things yesterday. Congratulations again - for some its pocket change, and for others its life-changing money - from your post I can tell youre not used to these type of wins, which makes it even better seeing the "little guys" win ✊🏾. Enjoy your bread, and be safe.

gummibearhawk

Sell 5 contracts if SPY/QQQ daily. Payout varies by strike, but you could get strikes with pretty low chance of assignment and still get $20 each or $100/ day.

austin5549

I tried the same thing bro. Prob lost twice that or more and took even longer to realize I would have been better off in $VOO or $QQQ this whole time…

SecretaryAncient8923

What do you consider Long-Term? if it is 10 years or more, then just put it all in the QQQ. Nothing beats it and the only funds or ETF's that you have aceess to that come close own the QQQ or stocks in the QQQ. Research long-term charts, the charts dont lie. Diversifying out of the QQQ will cost you millions over 30 years. QQQ opened March 10 1999, If you had invested $100 on that date into the QQQ and made no other contributions the value today would be nearly $40,000. If you had investe $100 into the S&P 500 on the same date and made no other contributions the valu today would be nearly $850.00, That is a $39,000 difference. Yes the draw downs are huge, but if you are actually Investing LONG-TERM.... well... nothing else needs to be said.

MaybeTheDoctor

1. QQQ or QQQT 2. VOO or SPY 3. VT Split the money between them like 1/3 for each or 1/4 for two and 1/2 for another. Dividends ETF is for income, like in retirement, avoid those if you are looking for long term. If this is overwhelming then consider using at target date fund instead - like one listed [here](https://investor.vanguard.com/investment-products/mutual-funds/target-retirement-funds) matching your expected retirement year and they will do the work for you. You don’t need a vanguard account to buy a vanguard fund.

Machine8851

QQQI gives you the best of both worlds, the choice to use the income monthly is reinvest the dividends plus the covered calls funds you downside protection which QQQ would not provide. If performs better than VT and VOO

-Crash_Override-

Comments like this are so wildly stupid, and frankly irrelevant. What even is the 'AI trade', and why would you compare a subset of stocks to a broad markwt ETF? The whole point of a fund is that you accecept the winners and the losers to get steady returns. Why dont you compare the last 6mo of the 'AI trade' (again, whatever the fuck that actually is - we will assume this to mean 'tech' broadly), and the past 10 years....invesco QQQ for example. 6mo: ~16% 1yr: ~22% 10yr: 486% Tech growth remains strong, as it should, its the US flagship industry, but while there are certainly a few overvalued companies, on the macro, we are far from bubble territory, especially given AI has barely even left the runway.

Regardium-Leviosa

!banbet QQQ 2% 6d

Regardium-Leviosa

!p QQQ

avilacjf

I just bought about 30k IREN at $40. My thesis is bullish on model improvement driving compute demand over the next 5 years. Expecting energy crunch around '27 where IREN will have more runway than the rest from vertical energy integration. A lot of the labor and materials are already experiencing a crunch and players who try to wait will have trouble building in a timely manner. I'd say sell and buy QQQ. Based on this post, regardless of where IREN ends up I have a feeling you'll end up panic selling on a loss.

College_finals

Same, I thought with the AVGO good earning, market will rally, but instead it crash. I mean SPY only went down 1%, but QQQ went down 2-3%. Brutal day

College_finals

Well, it seems like my QQQ 650 calls that expires on 1/16 is cooked. But hey, at least I pass my one of my finals. 5 more left next week and I'm free.

Impressive-Mud-3362

I have made money on SPY and QQQ bear ETFs, but am still down on IWM. This piece of shit just keeps going up, you are probably onto something

Preachey

My trailing stop on my QQQ puts sold me out basically at my entry point, then they went up 700% in the next 2 hours.

Got_Engineers

NVDA is traded more volume than SPY/QQQ combined. I believe companies are profiting more from writing options on NVDA and it’s not really going anywhere.

Possible-Material693

Then why wouldn’t OP by QQQ calls instead lol SPY is hardly down

CherryRoutine9397

TQQQ is a leveraged trading tool, not a buy and hold investment. The leverage resets daily, so volatility drag kills returns over long periods. It looks amazing in strong bull runs, but one bad year can wipe out years of gains. In 2022 it dropped around 80 percent while QQQ was down far less. If you’re investing long term and adding regularly, QQQ gives you the growth without the structural risk. TQQQ only really makes sense for short term bets when you’re confident about direction and can manage risk actively. For most people, most of the time, QQQ wins just by letting compounding do its job.

PalpitationSmooth992

equal weight S&P had more volume after hours than SPY and QQQ its not going to be a merry christmas for tech and mag 7

sirzoop

I would go for QQQ personally but the math suggests TQQQ is better despite convention wisdom saying it shouldn’t be. Somewhat related im a big fan of this TQQQ for the long term symphony but its different than just holding QQQ/TQQQ it trades in and out of short positions/volatility as well: https://app.composer.trade/symphony/eZUUQti4WC4WNd5Jb2Yv/details

_WhatchaDoin_

It’s easy. Invest in TQQQ after a big crash in QQQ, right at the bottom, and before QQQ jumps back up to the sky.

hungover247365

!banbet QQQ 650 1w

Alarmed-Rope-9062

mostly calls on QQQ and Spy

hungover247365

!banbet QQQ 630 1w

hungover247365

If ya'll think orange buffoon will let CHINA win the AI arms race by allowing a broad and protracted AI/Semis contraction, you're truly regarded. Tech will bounce back with a VENGEANCE, !banbet QQQ 630 by Dec 20

BeFree94

Look into it but with caution, for reference. It failed me on Thursday - the day after Powells rate cut speech (for the first time - cant expect perfection, but still.. be cautious), and I didnt even apply it Today (as, based on the Premarket Drop this morning - it indicated I should go Calls. But my gut told me, today was gonna be a Red Day again for the Market, and that QQQ would just keep dropping - heavily, as it did). I just say that to stress caution. It was Perfect up until that speech - but, I'm still keeping it in my back pocket going into Week 3 - just be cautious and dont YOLO your whole port on the first attempt 😂, please 👍🏾. Risk management > Gambling

hroaks

Put 100 percent of your portfolio in QQQ and sleep easy

Return_Of_OGPine

I mean, I went long on IBM back in 2022 at $125 and I certainly haven't looked back. I didn't even buy IBM for quantum at the time it was for the dividends. It's outperforming QQQ in my portfolio by about 3x since I bought it. Never planning on selling.

thetreece

QQQI has underperformed QQQ. [https://www.youtube.com/watch?v=K3sYY3T7V8k&t=605s](https://www.youtube.com/watch?v=K3sYY3T7V8k&t=605s) Covered call funds WILL underperform their underlying equity over the long term, almost as a rule.

kstreetsushi

Not sure why you just don’t give yourself at least a week….. if QQQ went up 2% up Monday 7DTE contract would up 25%, but you you decided to play 1DTE, THST +2% move would still down 50%.

undefined_user

Thanks for posting. This guy was in my heart and mind as the week went on and QQQ just kept going lower

Meeting_Ok2

Full ported QQQ calls expiring Mon with a breakeven of 620.90 i don't wanna talk about it....

jellyfishbeers

I bought some QQQ calls to hedge my puts

NotMe357

Crazy day today. The volume on QQQ/SPY is high too. So it wasnt another dump but last time it dump with very big volume it then pump again the next day. Let's hope (lol) it will happen again next week.

95Daphne

Think QQQ fills today's gap by EoY at the latest. But anything more than 629/630? It's fairly clear that is STOP, DO NOT PASS, territory, the Nasdaq has set its key top for at least probably nine-ish months.

95Daphne

It's just my opinion as I continue to whine, but I think the continued limp into 2025 end deal is the more likely outcome from Monday and then everyone sells the OpenAI linked tech names for tax purposes early next year and the full Nasdaq correction we've threatened finally transpires. I think QQQ tries to fill this gap by the end of this year at the latest.

boztron

Everything is doing alright (down about a percent) in my portfolio except QQQ and NVDA… NVDA is too strong

No_Tough_2065

Omg -3% QQQ is possible today.. I love that vix 💪

BagHoldersOfAmerica

QQQ being renamed to QQ

teamyg

Shorted some QQQ around 614, 615 and 616; to hedge my long position; next week it could hit 590.

jraiv420

Gold and silver the new SPY and QQQ

bardhizi

If I has 0dte Puts at +800%, QQQ would go up 10 points within 5 mins as it happened many times, since I got Calls getting wiped out, it wont..

pineapplekiwipen

Did you know that MSTR cost QQQ holders over a dollar per share because of the giga dump since inclusion? 🤔🤔🤔

DarthWaq

I bought Feb calls on QQQ… what a dump today

FigureTechnical7250

How much you initially spent to buy 20 puts on QQQ?

47_Puppies

I'll likely be holding onto my QQQ puts until 4:14pm, but anyone holding onto them over the weekend is certifiably nuts.

rioferdy838

QQQ bouncing off that 50ma like a coin would bounce off a BBL ass.

rioferdy838

QQQ bouncing off that 50ma like a coin would bounce off a BBL ass.

Junior-Appointment93

It was 2 iron condors on QQQ and 3 quick scalps on SPY calls

ResearcherSad9357

Rising prices are great when people had a bunch of free cash handed to them to pay them. Now the consumer is getting hit from every side w/ cost increases, like the president said though, maybe we don't need however many "pencils"... I don't know what retired ppl you know but my parents costs have not gotten down since they've retired. If anything they go out more now. "Healthcare has always risen" is a bad argument and you know it. I forgot to mention I do have a small hedge, long term puts 1-2 years out on AMD, QQQ and Palantir. Less than 10%, but that's all you'd need. Missing out on some potential epic stonk gainz isn't a "risk" it's an opportunity cost I'm willing to eat in exchange for risk prevention and potential massive profits if it does crash.

GrumpsMcWhooty

What part of > SPY, QQQ, and IWM options Are you too stupid to understand?

Preachey

I bought 1DTE QQQ 619P yesterday. Sold at open for basically what I bought them for, missed the +700% Even when I get it right, I'm wrong. I gotta stick to leaps

TheDeHymenizer

Rules to Penny Stock Investing 1. You are gambling you are not investing. When you put money into something assume its gone. If you buy something and it drops 50% the next day and you sell it its never going to work. 2. Make sure its a real company. Penny stocks are much less regulated then normal stocks so there are straight up scams out there. Make sure what your buying isn't one make sure its at least a real business 3. Have a plan and stick too it. If you think something is going to 10x and it does sell it. Don't hold hoping it 100x's. Same with whatever number your doing 4. Penny stocks SHOULD NOT be the majority of your invested assests. If you don't have a 401k or a sizeable position in SPY/VOO/QQQ get one of those first and if you have high interest debt pay that off before doing 4. In my opinion some of the best investments in the market right now on a risk vs reward basis is in penny stocks and its largely being ignored by the markets. But these are some good rules of thumb to follow.

Samjabr

should I give up on these QQQ 605 puts?

TickTockTaudit

All these “rotation out of AI” headlines are aimed directly at retail. 1/16 and 1/30 QQQ calls look good here. Well off highs and tech is still crazy profitable

Even-Taro-9405

15yrs ago I changed to investing in growth index etf's like QQQ and SPY. It worked out for me. Big drops do not phase me at all.

PracticalAnywhere225

can't believe QQQ just had a -2% bottom on the day so far...

W_Malinowski

Do you fear the QQQ double rejection

bearhunter429

#SPY and QQQ could easily get a 50% haircut in 2026 LMAO🤌

croissant_and_cafe

I received $30k inheritance in 2008. The first day was the flash crash of May 2008. Then of course the rest of the crash. I was confused and scared and couldn’t stop looking. I invested in things I thought would be great because I used them. ATT and Samsung and Facebook (at IPO) and Sandisk. I lost so much and quickly, just bad timing. I moved half to cash and did set it and forget it with the rest. I got out in 2014 to buy a house and got back in in 2030, another wild ride. 2020 was just sad. I felt like I was adding in my DCA and all it was doing was getting eaten up. Feeding a hungry monster. But I did it and tried not to look. I started listening to analyst podcasts. I learned to have low expectations and not sweat a 5% drop. I keep 20-25% in cash. I leave my retirement accounts (Roth, IRA) in QQQ and SPY only. I swing trade or buy individual stocks or leveraged ETFs with my regular brokerage. I’m really happy where I’ve come since 2020. I have strategy and patience.

DefiantDelta

QQQ still -2% and bulls are copying each other’s homework with 10 “bers fuk” comments in a row

jellyfishbeers

Sold the Rivn calls 0dte and the tsla 450p 0dte, holding some QQQ 610p and tsla 435p and QQQ 615c

followedbymeteor

Technology over the last 5 years fucking sucks Hey heres the new iphone its literally the same fucking thing weve been selling you for 5 years except it collects and sells your data better QQQ to 450

Same-Brilliant2014

u/ButtholeAnalogyIf QQQ goes sub 600 today I'll get a tattoo of bubba on my ass Why'd you delete it! Lol

ButtholeAnalogy

If QQQ goes sub 600 today I'll get a tattoo of bubba on my ass

NewTrouble9097

QQQ hit 610 and i will believe in jesus

Nova-JC

5% further drop from QQQ from here today please

Accomplished-Club690

Market killed all my LULU gains, rough. Sold 2x CSP on NVDA at 190 for next week, as well as some QQQ calls exp 03/20

GrumpsMcWhooty

My usual target entry is around 50 cents on 0DTE SPY, QQQ, and IWM options, but you do you.

Onnimation

You never said TSLA. By 0DTE most would expect SPY or QQQ which did the opposite of what you said 🤷

The_Spoils

Lmao what? AVGO is not a battleground stock. It's a slight correction, AVGO is still +100% 1Y compared to NVDA +28% 1Y.  Just look at broadcom's weight in QQQ or any other tech fund and tell me with a straight face the market doesn't like this company. Absolutely laughable. 

lowguns3

But my QQQ $580 puts for Friday next week are still "Out of the Money" and "Retarded"

bardhizi

Ah QQQ was in the files? Got it! Should’ve known.

sh1tler

# To all those who say QQQ needs to hold XXX or we’re fucked: NEWS FLASH : We are already FUCKED

ahmdthehedgefund

QQQ needs to hold this $612 level or else we’re fucked!

Adobopavy

Bought a random 610 QQQ put for 15$ and it went up to 130$ and what the hell is going on today lol

scholes1995

!banbet QQQ +5% 1w

IMBlessed2day

Thank God I got put to compensate my calls. yolo ... 0Day QQQ, $32 to $410

Valkorion335786

Grabbed a single QQQ call Might go back up 👀

Impressive-Joke-3119

Monday is going to be slightly green. Tuesday is gonna dump again. That will be called the AI bubble popping. Then money will rotate into big tech and QQQ.

xXFoxyGrandpaXx

QQQ just jump to 618 for a second and I’ll close out I promise

drew-gen-x

I'm confused. I'm looking at the 5 day, 1 mth, and 3 mth charts for $QQQ and I don't see this mythical "V" anywhere that everyone is talking about.

Machine8851

QQQI performs better than broad based index funds and are less volatile than QQQ. QQQI also gives you the option of cashing out the income each month or reinvesting the dividends.

Nova-JC

2-3% further down from here today QQQ let’s go

FaythDarkHeart

My QQQ 580p might print..got one more week to hold

sck178

Well... QQQ puts guy ended up doing pretty dang well, that's for sure

FineJuggernaut3295

Yes. No chance for SPY and QQQ to end green.

Rez-the-man-123

Damn it QQQ!!!

Final_Recognition987

QQQ sell algo is on, there is no V, giant sector rotations like we see occurring right now aren't a day move you mouth breathers.

95Daphne

Don't see it this time, looking as if yesterday was about hopes that AVGO wouldn't crap the bed. Good chance Nasdaq closes on the dead lows and the Christmas rally gets the SPX to 6950 and QQQ to 628-629.... just to reject again.

Meeting_Ok2

Ful port 0DTE QQQ calls right

Gdap1992

QQQ put buyers at open are eating ramen with hot dogs mixed in tonight. Congrats

Long_duk_dong_duck

Ok fine I’m full porting $622 QQQ calls here.

Nova-JC

Feels dumpy! QQQ 600 eod!

tropicalia84

TSLA $1.5 trillion MCAP stock up 2.5% in 15 minutes off bad news and you want to short this market? Backing up the truck and loading up absolutely DIRT CHEAP SPY and QQQ calls on this dip for a push to new all time highs