SOXL
Direxion Daily Semiconductor Bull 3X Shares
Mentions (24Hr)
400.00% Today
Reddit Posts
2 Catalysts to load up on $MU - Microsoft boosts minimum PC RAM Specs to 16GB and North Korea backing out of Samsung collaboration for DRAM
1256 - Reporting unrealized losses for Covered Calls that remain open?
I am a ex-prop trader trading US equities and these are the stocks on my watchlist (1/8).
What are your picks that are good short term buys now heading into the first week of January?
How does 3x ETF like SOXL and TQQQ work? What are the hidden costs behind the so-called 3x leverage?
Charles Schwab screwed, not sure what to do.
Example of a put credit spread working perfectly this past week and a half
If and when the bull cycle returns, which "leveraged" (2x, 3x) ETFs/ETNs will likely do well ?
🐻🏳️🌈Look bullish still?? Good thing I didn’t dump my SOXL puts this morning and just added with that sweet discount!
How much will the probably war in Taiwan in 2024 affect the value of semi-conductor ETFs like SOXL? How much is the semi-conductor industry dependent on Taiwan?
For the love of Christ, hear me out on $OPEN.
Why $SOXL is barely moving this year while $NVDA is skyrocketing?
2023-05-15 Wrinkle Brain Plays - In the style of someone who won a beauty contest years ago and still wears the banner everywhere they go
Sold PUT and it was in the money but it was not executed and today it just went out of the money
Sold PUT and it was in the money for some time but it was not executed and today it is
Elon Musk’s latest AI Project (TruthGPT) and Understanding New AI Regulations - The Case for USD, SOXL, UBOT, and GGLL
Crayon eating journey with my day trading retirement account (Roth IRA) from 7/22 to 3/23
I spent February 100% yolo swing trading my IRA using SOXL/SOXS.
My Year End Market thoughts per request
What is everyone’s opinion on 3x leveraged bull ETFs?
long straddles between across 2 leveraged etfs
Powell did exactly as i thought yesterday which makes me even more bullish now
What happens if AAPL and AMZN beat?
Considering going all in on SOXL thoughts?
So is $SOXL guaranteed money or am I an idiot?
My first attempt at selling covered calls: SOXL. How would you play this?
For the bears on this sub who still don't understand how or why they were bent over today, here's a brief of explanation of what happened.
For the bears on this sub who still don't understand how or why they were bent over and penetrated today, here's a brief of explanation of what happened.
SOXL 7770 share YOLO into CPI next week. It's time to bend these bears over.
97% win rate. 122 closed trades. $6500 net profit in 3 weeks. 14% accumulative net return. Positions included.
Semiconductor Sector and profitable Large Caps is where i would be putting my money
Is this accurate? $400 per month invested in SOXL over 10 years?
Are delta hedged short straddles on 3x ETFs more risky than on 1X ETFs?
Nancy Pelosi’s husband buys millions in computer-chip stocks before big subsidy vote
My leveraged ETF list for the recession market crash if it happens
What happens if a 3x leveraged ETF goes -33% in one day?
Which stocks that hit their 52 week low today are your favourites ?
Life is more than money and you shouldn't take your life due to it.
People who invested in commodities before the crash started this year, how did you realize it was the right time? Did you also have investments in tech before the crash? Did you sell them off before investing in commodities? Which commodity etfs/stock would you recommend to cope with stagflation?
SOXL got a new name I guess. Definitely is a great ETF for degenerates
SOXL: Hit support for 4th time but OI interests suggests the trend might continue downwards?
$SOXL Loss Porn… some Reddit awards would help 😳🙄😢
The Rocket Is On The Launchpad!!! Next Week= $SOXL TO THE MOON 🚀!!!!!
The Smartest Article You'll Read All Year, And It's About Intel
Mentions
Currently day/swing trading OKLL & SOXL.
First of all, congrats, awesome wins! To get 75%, you've taken on a lot of risk - so far you've managed it well enough...but never a bad idea to review risk management - position sizing, concentration risk, trading some non-correlated assets, etc. When I get assigned, I like to sell covered strangles, rather than straight covered calls. Double the premiums, because I'm selling a call and a put at the same time. Only do this if my thesis on the stock is intact, I'm not too concentrated in the stock already, and the position size is manageable. If the stock keeps falling, I get assigned, and I've lowered my cost basis (as you mentioned), but I also collect the premiums on the short call. The short call and short put offset each other and gives you lots of options to manage or defend either leg. Check out tastytrade youtubes on defending strangles. Favorite wheelers: TSLL (tesla leveraged) ETHA (ethereum etf) SOLT (leveraged solana) PAAS (Pan American Silver) GDX (gold miners) SOXL (semiconductors, leveraged) NVDL (nvidia levereaged) DRIP (inverse oil services...not currently playing) TAC (canadian energy play - monthly only)
Why not TQQQ? Or SOXL? Plenty of riskier funds out there with better returns, but there’s only one “market” which is sp500.
Rotated out of SOXL after 4 weeks, 45% gain. Fuck that shit it’ll be a bloodbath today
I went down a similar journey the past 5 years learning from YouTube university. I can’t give up trying to beat the market, but am letting go of individual stock picks more and more in favor of TQQQ. Honestly hard to find anything that has outperformed it. Also I keep researching because I did well on SOXL this year. Leveraged ETFs in bullish conditions (basically 22 out of the last 25 years) is my favorite strategy. I’m in some longer term crypto bets so we’ll see if that eventually outperforms the spy.
Buy SOXL at $50 > goes down 35% > held back to $50 > profit?
Come on SOXL get back over 48
Spoke with the SOXL guy, he said he’s going to pay for my house.
NVDA if you're bullish, puts on anything with "AI" randomly shoved in their name if you're bearish. The bubble's got more air in it than my ex's yoga ball but timing is everything Also check out SOXL/SOXS for leveraged semiconductor plays - just don't mortgage your house for it lmao
I was just being an asshole. You're actually right. I do the same with SOXL. Only make trades that are set up to be essentially guaranteed. Definitely interested in knowing what the best leveraged etfs are to do this with.
Total YTD Performance: **+285%** (as of yesterday). Here's some notables: Options: CRWV 9/19 90 Calls bought at 12.11 on 9/9, sold next day at 27.99 (131% gain) GOOG 11/28 310 Calls bought at 8.06 on 11/24, sold next day at 18.24 (123% gain) META 9/19 735 Calls bought at 21.11 on 9/12, sold at 45.24 on 9/16 (114% gain) Stock Day Trades: GSIT bought at 11.61, sold at 17.49 (50% gain on 10/20) repurchased GSIT at 13.26, sold at 18.95 (43% gain on 10/20) SOPA bought at 3.24, sold at 4.74 (46% gain on 10/6) RANI bought at 1.36, sold at 1.98 (45% gain on 10/17) CYN bought at 21.04, sold at 28.35 (35% gain on 6/26) Wins but still a lot of regret: Bought SOXL at 14.07 on 5/8, sold at 17.72 on 5/13 (went to over 50 by October) RDDT bought at 117.5 on 6/5, sold at 147.05 on 7/23 (went up another 100+ points the following 2 months) Biggest mistake: Buying over 1% of WLDS' outstanding shares between 5.04 to 9.35, wrongly convinced (bad research) that META would need to license their patents. Sold at 4.64. Opps! =/
Someone "SOXL has been green for 8 days and will never be red again" Checks notes, it's red pre-market
8 green days in a row on SOXL never red again
SOXL, BITX, URAA. Full send no looking back for 5 weeks. Two weeks in. I’m a sick fuck I like a good fuck.
If you look at a leveraged etf like SOXL. Despite an amazing 5years of semiconductors (150% growth), the 3x etf is only half that growth. I assume OP is thinking “if I hold long enough then “150% typical growth would be 450% leveraged,” when in reality it’s a degrading trade value. Instead, OP would have lost money through a leveraged ETF because the market corrections along the way are significantly more powerful.
The SOXX semiconductor index, its underlying index. You can just browse the list of the SOXL holdings to find out a more detailed answer.
What's going up that's causing SOXL to go up
How is SOXL up after-hours ?
Loaded the fuck up on SOXL, Jan $320 GOOGL calls, SMU, and speculative tiny medical robots. Cyber Monday baby.
Max margin SOXL. Can’t go tits up.
I have fill orders on TQQQ and SOXL. Looking for -10%, but I doubt we'll get there. We'll see
I got fill orders for SOXL and TQQQ down below
Hmm maybe for small portfolios. I'd gladly spend 50k every year for a deep SOXL hedge. A 2027 SOXS call costs 1.55 premium at 4$ strike. Considering liberation day made SOXS hit 40$+? My strategy is non conventional though.
SMU, COUA, SOXL. Next leg up, aiming for the bushes
First option, SOXL put exp 2027 highest strike you can afford, gg easy
If actively managed vs passive investing and skilled at swing trading then look into SOXL as that will outperform all three but due to volatility can crush you on a pullback like we just had yet exited and then bought at bottom can yield large rewards. Not something I’d HODL however unless you very large risk tolerance and heavily DCA to balance the drops with lower cost purchases. Not for everyone but quickest way to earn if handled properly. Also quickest way to get burned if market crashed suddenly due to a black swan and unable to exit quick enough.
High decay yet I’m sitting at 40% annual returns on buying dips on TQQQ. Also up 60% on SOXL.
SOXL scares and intrigues me lol.
Bro I’m on the leverage train hard. SMU, COIA, SOXL, almost all bought at their recent bottoms. Hood was a smart bet.
Over the past three weeks I’ve amassed 500 shares of SOXL averaging around 38. Sold CCs and bought em back at half price. I’m retarded but I’m almost green again!
Nothing humbles a man like options… except maybe SOXL saving your ass
SMH isn’t leveraged. SOXL is leveraged. Underlying is SOXX. Could be NVIDIA although might be other issues such as lack of economic data or issues with data that was released. Impossible to know what moves markets and why I don’t get hung up on morning noise unless I think I can profit from it.
SOXL giving me a vacuum cleaner BJ
dw bro, i only buy SOXL chips
I was running SOXL weeklies for months. Got assigned multiple times, but held from $13 to $40 then calls got assigned and I've moved on to another stock. I did not use margin at all.
I am fully erect. Went HARD into SOXL last week
taking profit on all my leveraged longs I grabbed at the end of last week. TQQQ, SPXL, SOXL, NVDL, AMDL, PLTU ... time to shop for Christmas presents.
SOXL up 8% with NVDA red lmao
Averaging down and loading up on SOXL below $30.50 has paid off handsomely.
Guys I went all in on SOXL on Friday. Am I rich tomorrow?
I understand all this shit, but I made BANK holding SOXL this year.
SOXL, FNGU, TQQQ, SPYU. Probably 75% of my portfolio right there. If there’s much more in this, correction, I’m going to pour a lot more money into them.
You like SOXL better than TQQQ?
Friday opex was definitely capitulation. Knife went in Thursday and then that plummet at 9:35 on Friday was the twist. Time to all in SOXL 🫡
Maybe an intraday SOXL swing is in the cards
futes flat but SOXL down 5.4% :(
10k shares of SOXL @ 30.35, lfg
I can't help myself but pick up more SOXL at these prices.
Gonna be watching SOXL over the next week, if it hits $25 I’m gonna start DCA’ing. If NBIS breaks below $80 I’m gonna start doing the same
dude I sold my SOXS for a 20% loss and now I’m holding SOXL at a 30% loss
Last time the market was crashing, I was all in on SOXL. This time I am on SOXS fuckerss
So I shouldn’t full port SOXL rn?
SOXL is down 40% since halloween lmao
SOXL is down 40% since halloween lmao
SOXL from +8% to -10% today
Scurried back to cash and UVIX when Taco started threatening members of Congress this morning, been buying the dips since noon and reloading my positions in TQQQ, SPXL, NVDL, AMDL, and SOXL.
I need to laugh about what happened this morning so please, laugh with me.... (tldr, I know) I've been playing a SOXL straddle. With the volatility it's been pretty dreamy. I set the week heavy on the upside and it's been rough, but I expected a significant increase with NVDA earnings this morning so I pegged re-calibration for around 10am today, have notes laid out on the desk, etc etc... WHICH ALL WOULD HAVE WORKED PERFECTLY EXCEPT FOR ANOTHER UNEXPECTED SUBPLOT I got a house in the woods and am up here doing work on it. Last night at who the hell knows what time it was, I was awoken to some sort of animal in the wall. It sounded like it was properly trying to claw its way into the house. The dog was going nuts. A sleeping pill addled version of myself was zombie'ing around the house through all hours of the night doing I don't even really remember what, all I know is it stopped and I finally fell back asleep as it was getting light outside. But I have my alarm on my phone, right? Wrong. Apple's new update has made the snooze and alarm off buttons gigantic so I must've hit the alarm off button which led to waking up in a panic at roughly 1045am (EST). I look at my phone, up \~7%, this can still work.. just need to make some coffee and sit myself down and then.... what the Fuckjust happened. I don't have the screenshots because above but suffice it so say it's RED and weeks of clever straddles are half dust.
SOXL throwing up a -15% in the last 120 minutes lol
Unless you didn't have a SOXL position...but why wouldnt you in the rise of AI
Palpatine voice "RISE, SOXL"
taking profits on NVDL, SPXL, TQQQ, and SOXL. Leaving the non-leveraged longs running, but this market is super sketchy right now.
Semiconductor tariffs no longer on the table? Gotta scoop SOXL
SOXL: 3 \* SOXX whatever this guy is doing: 3 \* SOXX \* -1 \* -1
SOXL SOXS spread for NVDA earnings.
Ya fuck it dumping into SOXL
If SOXL climbs back to $40 I’m gonna start going to church. Cause I’m going to be sinning like a motherfucker.
Always. Here at SOXL we continue to make and create the best chips
u/CEO-of-SOXL You buying into SOXL? Or still eyeing it?
It is generally advised AGAINST using trailing stop losses on long-term investments as often many of them do drop but come back through other catalysts. If a loss issues, then you may exit out of a position that would have been fine 5 years later. Trailing stop loss arguably should only be used for short trades to lock in short-term profits. Like this year I used it on SOXL and USAS. Made great short gains, but protected them for when the eventual pullback came.
SOXL -34% in 3 weeks lmao
Suddenly dont feel bad about letting go of my SOXL CCs at 45
Yeah this is correct. The spy has dropped a percent. Stocks like Robinhood and Rocketlab have dropped 20 or more. Not to mention all the leverage, the diamond handing failed calls, SOXL, TQQQ
Your buy signal is when SVIX hits $9, SOXL hits $7, and Saylor gets liqudated and sent to prison.
I sold my SOXS shares a month ago for a $22k loss and jumped back into SOXL, now my SOXL is down $22k. Is this the reverse signal?
I want SOXL to $50 or to $20. Nothing in between will do
#Golden retriever I ran into at the corner store told me that the AI trade is still intact and that I should buy more SOXL, Woof Woof LMAO🤌
I mean I use charts for support and resistance levels but mostly I just use math to figure out the best hedges to mix with covered calls to improve my odds of winning long term. For instance, more than half of my portfolio is in HOOD and the other half is SOXL. Both of those are down massively from when I bought them but my portfolio is only down around 4% from ath because of my delta hedging with otm puts
I've bought my fair share of puts as well but a lot of my money was made blindly to the bull side. Arguably one of the easiest 6 months stretches since Covid 2020 2021 for bulls. And Feb 2022 for bears. My biggest hit was when PLTR first touched 125 around Feb March I took 80 puts expiring mid summer and everyone told me I was a delusional idiot....when PLTR dumped from 125 to 66 they didn't think I was an idiot anymore. HOOD SOXL PLTR JOBY all of quantum were where I made my put money mostly. JOBY was another insane one. Puts to 12 off 21 stock boards threatened my life on that one. Absolute degens especially because it paid bigly but gamblers don't like logic they are emotional trolls for the most part when faced with common sense
I just want chips to rip so SOXL can moon. I don't think there's anything wrong with that
Need SOXL to stop being pinned and pump so I can sell calls
SOXL calls have dogshit premium right now too. Cannot possibly sell calls rn
SOXL just went +15% in one hour lol
Real talk? Rotating into utilities, healthcare, banking. WSB talk? Full port SOXL and TSLA calls at open
I bought SOXL. We should have just done an ACH transfer
My biggest position was SOXL and I sold at 45...been so lucky this year lmao. Still getting killed on a few longs I have left especially lame ass crypto but yea.
Me too I’m big fucked, I sold my SOXS for a $20k loss, made $2k on the rest of the SOXL run up and held overnight, woke up to negative $5k and have been in pain ever since. I bought OKLL around the top too and it’s just been nonstop drilling on absolutely nothing
Isn't it the same with 3x bull etfs then? E.g. SOXL
how do you short all AI stocks? SOXL or any other ETF?
Feel like there might be a bounce tomorrow. HOOD and SOXL had a shit ton of buys at close. Green god candles on the 10 min chart
I agree. We're still in an uptrend all the way to the 200. But that would be a nasty drop. The problem is half of my account is SOXL and TQQQ lmao