SOXL

NaiveMercury

Bought SOXL at 8$, took my profits at 26$, I am not touching this market for the foreseeable future The euphoria is absolutely sickening, a largecap goes up 25% on a double miss and promises of higher revenue 😖

99Fan

S&P7 includes NVDA,NVDL,USD,SOXL, TQQQ, and ORCL.

Expert_CBCD

wtf is happening to SOXL.

DJ_LilSmoke

If SOXL doesn't drop TXN soon I'll make my own semi etf

AnonymousPerson-9

I have been retired for 5 years and I am still playing the stock market very aggressively as well. I have literally made a couple million during my first three years of retirement. I keep some money on the side to invest when the market has a correction! I invest in Tech only as well as crypto. SOXL was my big cash cow, but lately this past year it hasn’t done much. I sold all of my SOXL around $70. I then bought back a significant amount of shares from $5 -$30, but it hasn’t done anything yet this year, but I know it will come back sometime. Maybe after interest rate cuts! I never hold a stock forever and always sell near or just above its 52 week high.

BAD_AL_1

It's possible to hit 10%/month but you gotta be really good and you'll probably only hit that once in a while. This guy helped my options trading a lot: [https://www.youtube.com/watch?v=bvM\_u91zb3s](https://www.youtube.com/watch?v=bvM_u91zb3s) With Put selling Tips such as: * Use Leveraged Stock like SOXL, TSLL, GGLL, AMZU ... * Sell \~30 DTE PUTs at a support level on the dips on upward trending stocks * Target returns of at least 5% (can often get 10% + on TSLL) * Close at 50% max profit so you can get another PUT or 2 in for the month. It would also be helpful to be very good at technical analysis.

Euphoric_Tailor_9708

I asked ChatGPT to apply your logic to my current strategy this is what I got Lessons From sharpetwo 1. The “Good Stock List” Isn’t Static - There’s no magic list of tickers. - What works depends on your goals (safety vs. premiums). 2. Two Paths in the Wheel Strategy - Safety & Steady Premiums: • Use big, liquid ETFs (SPY, QQQ, IWM). • Pros: tight spreads, steady fills, less risk of random headlines blowing you up. • Cons: huge buying power required (not practical for smaller accounts). - Juicy Premiums (Higher Risk/Reward): • Semiconductors (NVDA, AMD, SOXL) or meme-adjacent stocks. • Pros: fat premiums. • Cons: gap risks; must accept being assigned 10% lower overnight. 3. What to Avoid - Thin names with wide spreads (hard to exit). - Low IV stocks (premiums too small). - Biotechs, penny stocks, earnings roulette (binary risk = wake up assigned garbage). 4. The Wheel = Short Volatility in Disguise - You’re selling volatility when you run the wheel. - Edge isn’t a magic ticker → it’s about finding where options are expensive (look at IV rank, VRP, vol surface). - Success = managing risk once you’re in the trade. ■■ How This Helps Us - Since you don’t have buying power for SPY/QQQ, we scale his idea down to $5–20 tickers with liquid options. - We split tickers into Steady (safer, smaller premiums) and Juicy (riskier, bigger premiums) categories. - The main principle we keep: • Stay in liquid names, manage risk, avoid traps. I feel like this help me Thanks

tripstermcgee808

I’be been trading absolutely hammered in Italy for the past week. UNH, MBOT, SOXL, and DNN leaps. All I can handle rn is

sharpetwo

The good stocks list is not static. It depends on what you want out of the wheel. If you want safety and steady premium: big liquid ETFs like SPY, QQQ, IWM. Tight spreads, easy fills, you will not get ambushed by a random headline. If you want juice: semis (NVDA, AMD, SOXL like you said) and meme-adjacent names. Premiums are fat, but so are the gap risks. You need to be okay waking up assigned 10% lower. What to avoid? Thin names with wide spreads, low IV, or binary risks (biotechs, penny stocks, earnings roulette). That is how you get exercised into garbage you never wanted. Tthe wheel is just short volatility in disguise. The edge is not in finding a magic ticker it is in finding where options are expensive (look at the vrp or the vol surface) and then managing risk. Good luck.

Fickle_Sheepherder97

There are websites specifically for this exact purpose. Barchart and optionistics come to mind. But remember high iv = high premiums. I have found some leveraged etfs can have enough liquidity and volume to generate 10-20% months. Typically use 14-30dte contracts which allows for flexibility for rolling. TSLL, SOXL, TQQQ, BITX, NUGT, NVDL, etc

firemanjeremy

It depends on why you sell the options to begin with.. I sell CSPs on SOXL because premiums are good.. I was assigned and own 100 shares.. I have no intention of selling them or having them called away. I only keep them to generate premiums. I have them in a Roth and only fund it once a year at tax time so to income limits. So the options let me generate income to buy more investments thru out the year

DorianSoundscapes

Narrower ETFs can be good during certain periods. Post liberation day, SOXL was ripping for a while. Leveraged ETFs have added volatility but their gains gain be impressive when compounded by options and sometimes if a sector is really hot but you don’t know which company to target am ETF that covered the industry can diversify your holdings while still dialing into that high growth area.

tnguyen5057

I sold most of my NVDA shares and put it all into different ETF sectors. FNGU, NAIL (my most reliable etf), CURE, XLF, URTY, and SOXL. Have 20k in RDDT, 20k in HOOD, and 15k in META for long term.

LurkerPatrol

I swear to god SOXL keeps tickling $27 and then dumps down. It's like a little teasing cuckmeister

arbitraryBlue

Gonna buy BULL calls, OPEN calls, SOXL calls, CALLS ON EVERYTHING

Nefarious_AI_Agent

Loaded up on SOXL for tomorrow 😤

dawgtor

Sold my SOXL calls cuz this place is waaay too bullish on avgo

arbitraryBlue

SOXL calls for AVGO earnings

DJ_LilSmoke

SOXL up 2.5%, 25c jan 27 calls up 1.95%. MMs must know semis can't keep pumping

silverfutes

TXN is crushing my SOXL calls, semis just can't get a break right now.

DJ_LilSmoke

SOXL needs to replace Texas instruments with Casio, delist this bs calculator company

Actual-Albatross7445

My poi$on is selling CSP on SOXL.

bebenashville

SOXL

tripstermcgee808

I just kind of sort of require SOXL to hit 30 within the next week for the love of god please

Soft-Mess-5698

Lots to answer. Wish I wasn’t in mobile. Not avoiding you just busy. I wheel SOXL, NVIDIA, ANET, and SPY. SOXL has been high vol recently, ANET in second. Usually targeting weeklies except for SPY, I do daily or over nights. In reference of the 24% gain, mostly eyeballed on the last 6 months, I’m up that much from the strategy. I think it helps that I have little tricks or indicators that make me quick wins, but I have been doing various methods like this for the last 3 years. Overall it pays for my lifestyle when I live abroad. It also feels safe as I haven’t picked a stock that has imploded, I assume that’s my black swan event. Hope it helps, I don’t mind talking more on this.

DJ_LilSmoke

Make SOXL great again

BAD_AL_1

IMO $5k is the minimum account size for successful Options trading. Selling \~30 DTE PUTs on leveraged stock \[SOXL, GGLL, AMZU, TSLL, BITX ...\], on down days, at support, 5% return on capital is kinda the sweet spot. Which is a strategy (among others) that I learned from my favorite options teacher: \[ [https://www.youtube.com/watch?v=bvM\_u91zb3s](https://www.youtube.com/watch?v=bvM_u91zb3s) \]

ionic_bionic

Bro you posted that it was your first time investing like 3 months ago and then proceeded to lose $4K on SOXL and now you're saying you made $120K on WHW, seriously what do you get from capping? Post your positions and prove me wrong.

tripstermcgee808

Annnnnnd I bought more SOXL calls

Gom_KBull

Loaded up SOXL 25.00 FEB 20, 2026 Calls

tripstermcgee808

My sept SOXL calls are lookin fuckin COOKED.

CEO-of-SOXL

Here at SOXL we are also authorizing.

dimethylhyperspace

10%? TQQQ and SOXL. For individual stocks I need 20-30%.. Coinbase, add to my HOOD and RKLB. Potentially BMNR. I think eth absolutely rips around the holidays

groceriesN1trip

Buying into and trading out of SOXL has worked. Also bought a bunch at $8 in April

Maddux_Johnson

Bro, honestly, I did the same thing, it was great at first but it started bleeding too often just recently, so goodbye for now. Same with SOXL, it's kinda ass. You would think AI stuff and trends would make you money but out of the blue it just starts bleeding lately. So back to good ol fashioned ETF's. Nuhmsayin.

Primary_Audience46

As long as you are making money, keep trading the same tickers, no need to crowd your stocks. But for me the most commonly traded tickers are $GOOGL, $NVDA, $AMZN, $TSLL, $MSTX, $SOXL. They are my 80% of my trades. Sometimes I tend to sell puts on earning report days, but for these I am always making sure that I will be okay owning the company even if the price drops.

15719901

Would anyone like to buy some of my SOXL?

tripstermcgee808

!banner SOXL $30 2w

ImakeBADinvestmentsx

rotation from Hardware, Semi into software & cloud. OUT: $NVDA, $AMD, $AVGO, $SOXL IN: $GOOGL, $ORCL $AMZN

epic_swag_gamer

The problem with daily leveraged etfs is that over longer time periods the returns slip, that being said, if you're trading them or selling options on them then they can be fantastic so long as yoire careful I am a bit biased though since SOXL makes up 78% of my portfolio and I sell calls on it

ToastSpangler

if the big boys knew, they woldn't be hedging. hedge yourself however you feel, i've gone cash heavy (money market) after hitting my yearly target, letting the rest ride more since we could melt up too (my plan: splurping, no debasement, recession). you could also buy calls and puts for cheaps out of the money on leveraged indices like SQQQ/TQQQ or SOXL/SOXS as cheap insurance. whatever floats your boat, options murdered me this year, took forever to recover

MikeHoncho1323

We got rugged hard as fuck today, SOXL pumped for 10 minutes after open (while gaining over $1.50 in AH from the previous close) and promptly dumped down below 28, then recovered to 28.80 before dropping like a fucking rock at 4:05 down to 28 again. And ofcourse there’s no shot of another AH pump tonight 🙄

silverfutes

Wow, SOXL just ate shit and died.

antenonjohs

Have to find something new to wheel, don’t love SOXL’s price, had cash ready to go tomorrow if WeBull dipped but that seems unlikely

MikeHoncho1323

I bought SOXL at the top with a 90k port. It could be worse

MikeHoncho1323

SOXL to $29.50 today or I crash out

MikeHoncho1323

SOXL, just dumped down 60 cents and counting after pushing over 29 which is where I bought. I’m in with 3100 shares

MikeHoncho1323

Welp I bought back in missing out on 3100 in profit if I just held through yesterday, let’s hope I don’t def absolutely blasted with a correction and we see a nice 5% SOXL day

MikeHoncho1323

I can’t believe SOXL jumped this much from the drop in AH already. This is fucking wild

MikeHoncho1323

I took profits at $28, made another grand to add to the other $20k SOXL has made this year, but this earnings had me feeling super cautious based on the previous semiconductor earnings and what they did to the SOXL price. I’m not mad about missing out on profits, I just want to understand why the market didn’t behave the way I expected it to.

MikeHoncho1323

I try to understand but I just can’t lmao. ASML beats expectations but gives bad guidance and the whole semi market dips 10+%. NVDIA earnings beat and give cautious guidance and admit China is a huge red flag/risk and the 3% dip is primarily reserved for nvdia and we recover SOXL to the days high in less than 11 hours. I’m not a bear but this shit is retarded. So I guess we really are just going up in perpetuity

MikeHoncho1323

The way SOXL moves based on its holdings makes no sense

MikeHoncho1323

I know that’s my point, AMAT and ASML both beat earnings and expectations, but issues poor/cautious guidance JUST like NVDA did, but the market absolutely tanked after AMAT/ASML and now with nvdia SOXL /Semis recovered in less than 10 hours back to its closing price

tripstermcgee808

Considering recent events (NVDA, huh), green futes and SOXL crawling back to where it closed means it’s gonna fuckin drill first thing in the morning, followed by a pump without a dump by mid day. This is not financial advice, this is drunk crystal (meth) ball advice

drkgla

Hmm 44% of nvidia Q2 rev came from 2 customers time to buy more SOXL i guess

EnginrA

Let me guess this is another buy SOXL moment for a 50% run up

drkgla

Let me guess this is another buy SOXL moment for a 40% run up

MikeHoncho1323

I exited SOXL at $28 last night, I could’ve road the wave up from 27.40 and sold before close but oh well.

dimethylhyperspace

I'm gonna get DPed tomorrow. Actually probably straight up gangbanged. Currently holding CRWD, SOXL, TQQQ, HOOD and RKLB LM fuckin AO

gamma-fox

glad I sold CCs on SOXL this week, about to buy back tomorrow

MikeHoncho1323

SOXL or NVDL for earnings?

dimethylhyperspace

I'm not going to hold options for NVDA but I am holding quite a bit of SOXL and TQQQ. Decisions decisions

MikeHoncho1323

Damn did I miss the dip for my SOXL re-entry? Or is it fomo kicking in before an afternoon drop ?

LurkerPatrol

is IV high right now on AMD and SOXL because of sympathy with NVDA earnings?

Coldchips44

Alright well I’ve got 30 grand freed up. Do I yolo into NVDL or SOXL. Or do I wait it out

Dude_HaHa

Day 1: NVDA bad guidance on the revenue loss from H20 chips. Day 2: Deepseek R2 drops, can run on a potato GPU and buck breaks OpenAI, Claude and Gemini. Day 3: Gyna announces their own Huawei chip that outperforms NVDA's Blackwell. DAY 4: Circuit Breakers. NVDA, META, MSFT take the elevator straight down at the speed of light. Pandemonium on QQQ, SOXL trades like a penny Stonk. Day 5: 200% Tariffs on Gyna. Day 6: Circuit breakers Level - 2. VIX at 80. Safest bets are Boomer stonks like CAT, KHC, F, GM and KO. Jensen tears his leather jacket right on live TV and walks off the NVDA campus.

MikeHoncho1323

Neither do I, just exited SOXL for a nice little $1k gain after I saw it starting to dump, although I could’ve sold at 10:30am for another $600, but profit is profit. Now I sit back and watch

MikeHoncho1323

All I know is I’m selling my SOXL position before EOD, people will undoubtedly move out of semis before tomorrow with NVDA earnings after hours. Should be a nice little dip overnight to buy back in on the cheap

inflatable_pickle

SOXL going to pay my rent again? Fine, I’ll take it.

DeltaOpen

Why is SMH up 0.5% today but SOXL is down -0.2%?

BAD_AL_1

I was in an options trading group earlier in the year that targeted a 5% - 10% monthly Account value increase. The strategy has been pretty good; it starts with selling \~30 DTE puts on Leveraged stock (like GGLL, AMZU, SOXL, TSLL, BITX ) at a level of support on the down days with a target of 5+% Yield. I'd recommend checking out this channel (and practicing in a Schwab Paper Account first): [https://www.youtube.com/watch?v=bvM\_u91zb3s](https://www.youtube.com/watch?v=bvM_u91zb3s)

BAD_AL_1

 Selling \~30 DTE PUTs on Leveraged stock (SOXL, TSLL, GGLL, AMZU) on the Dips, at a support level.

BAD_AL_1

Strategy is THE MOST important part of options trading. I was in Matt's ( [https://www.youtube.com/@MarketMoves](https://www.youtube.com/@MarketMoves) ) options coaching group earlier this year and became a much better options trader in a short amount of time. I'd suggest testing out his strategies in a Schwab Paper trading account. I also wouldn't be against joining his coaching class if you're working with that large amount of capital. The basics of Matt's Strategy is: Sell 30 DTE PUTs (at a support level) on Leveraged Stock like TSLL, SOXL, AMZU, GGLL ... when they Dip; target at least 5% return on capital. Buy Back PUTs at 50% max profit. If assigned, target total of 15% total profit when setting up GTC call options. When buying Call options he has his own strategy that he's gone over in his last few videos.

AcanthocephalaNo7788

SOXL

Vilan-Kaos

This is my 3rd week of options. I envy your position. I only have a 140k USD account with margin but I can do level 4 options. So far I've found that 1) Don't sell options if you don't ever want to hold the stock for years when starting out. 2) Need to find highly volatile stuff, but that increased risk 3) ROI 3-5%/month provide okay return with less risk 4) Don't trade earnings, or extremely volatile stuff like CRWV, CRCL until they have accomplished like 78% 5) Fib levels is your friend. I often sell puts around 50%+ retracement or more in 30 days time. 6) Don't sell calls more than 7 days out when the market in an uptrend. Especially to explosive stocks. 7) There is always the next opportunity. I read and look at charts of 10-15+ stocks, but so far have 80% success with ETHA and SOXL selling puts. 8) sell puts with 21-35 days expiry. 9) Don't play with meme stocks.

MikeHoncho1323

LITERALLY 1 CANDLE! I watched it live on SOXL and thanked my ancestors for holding my port

Future_Hyena2562

You should see how many SOXL calls I’ve got for next Friday.

am22fcw

SOXL trying to give as much back as possible before the bell rings

inflatable_pickle

SOXL paying my rent again

Beautyho

Ha, I was thinking which dummy bought my 26.5 SOXL call that expires today.

am22fcw

SOXL my boy can I get a +15% day?

mdh1119

You can't get better than OTM 0-2DTEs (lotto), VIXY ATM calls or a SOXL straddle. Powell's address begins at 7 AM.

dimethylhyperspace

SOXL currently in a war for the moving average

Strangeuser16

2K a month is very doable. I do 2 legs covered calls with leveraged ETFs (ie: SOXL and SOXS) and it's been giving 1,5% per week in average.

cinJESUS

i need market to crash so i can load up on LETFs again, like TQQQ and SOXL 😭

MikeHoncho1323

SOXL TO $30!!!!!!

tripstermcgee808

Doubled down on my 9/19 SOXL 30 calls. May have been a bad idea but whatever at this point

Zee113

i have been selling CC on my $PL shares that have been trading relatively sideways. since i’m well green on the shares i don’t mind if they get called for a larger number. although i have faith in the company and what they are doing so i really don’t mind keeping the shares either. usually i sell CSP tho on things like $SOXL just to collect premium

Competitive-Strain-7

SOXL. betting on interest rate cuts

SpaceCatVII

I just made 11% on SOXL within a few weeks

Adventurous-Goal478

NVDA, AMD, AMAT, ICHR; alternatively I just might buy 10/17 calls on SOXL. 🤔

RadiantRecord1413

I plan on holding NVDA for a while, if it dips I’ll try to buy more. I sold SOXL when the tariff first was announced though, and it went UP in the days after. But I sold it for a 150% gain and I’m no longer stressed about it - so that’s a win in any case. I guess my two cents is that I’m done with SOXL but not worried about NVDA long-term?

SpaceCatVII

I exited all of my SOXL on Friday. Maybe just in time?

tripstermcgee808

I’m cutting back significantly on my share positions , winners or losers, and just holding UNH, TMC, and SOXL calls ranging in expiry from next month to next January. Something feels off going into September and I’m too dumb to handle it real time lmao

silverfutes

SOXL puts?

SpaceCatVII

I feel like I exited NVDL and SOXL just in time AMAT gave poor guidance Friday and Trump talking about semi tariffs again...

Future_Hyena2562

Bought NVDA and SOXL calls

MikeHoncho1323

SOXL pumping 40 cents 1 minute before open only to drop 80 cents at 9:31 is diabolical

Coldchips44

500k UNH 200k SOXL

donairdaddydick

Well relatively they are big gains, hence my regret for not investing more. I know this is a monke sub and trust me there is some monkey moves in there. It’s ironically a 56k gain overall. Most of it from the flip into SOXL calls and puts. They were June $32 strikes I picked up for $5/contract. Didn’t know I have to disclose every detail but there ya go.