SPXU
ProShares UltraPro Short S&P500
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What is going on with SQQQ and SPXU price
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Regard-level MS Paint skills on full display. Looking at SPXU or SPY Puts for a June expiration because JPow will do it again. Thoughts?
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What do you guys think of SPXU Calls for cpi on Thursday with exp of 10/28
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ETF and Stock Recap for Wednesday 9/21/2022 capped by volatile last 2 hours before close - Some green for inverse ETFs (SPXS, SQQQ, SOXS, SPXU, SDOW, TZA). All red for stocks.
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Since the first of the year, we have had a number of dead cat bounces with 1-3% increases- the next day the stock market always crashes
I'm gonna short the S&P 500 using ETFs. Can someone make sure I got this straight?
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Buying UVXY calls is not the same as SPY puts
70% of the time stocks go down the day after a huge daily gain of 2% or more
Given sentiment of an '08 style crash on the horizon, I wonder why more WSB autists haven't picked up tons of $SPXU calls and shares. ATH: $34404 at peak crash in '09.
2 questions: Is it time to enter SPXU/SQQQ/SDOW, and if so should their unleveraged counterparts be used instead?
2 questions: When to enter SPXU/SQQQ/SDOW, and should their unleveraged versions be used?
What are you guys going to do about the inevitable?
Imaging if all of wsb went short...SPXU Gang
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Mentions
SQQQ and SPXU are also on the table, you could do calls on those. Also I noticed Ford went crazy for CPI and the last fed meeting so there’s alternatives out there that probably won’t get you IV crushed if you’re quick enough.
Thankfully I loaded on SPXU lol 1,000 shares at 34.50
One word: SPXU. You’re welcome.
Tell that to all the SPXU holders who rode that DCA from $13 to $4 in the last few months, only to get reverse split’d to $34 just as the market began to turn in their favor. Also 3x tickers have time decay
so do all the calls/puts i have on SPXU just become worthless? i have one expiring today and they haven’t updated or anything since the stock split so it’s reflecting $6-7 instead of the new price..
If you don't want to risk much, buy SPXU or SQQQ, not spy puts if you can't afford puts closer to the current price
WTF happens with $SPXU? it shows $33.20 in fidelity
Are you not having similar to upro or SPXU etc?
Any ETF that has similar exposure to the stocks SPY tracks are going to have similarly high prices unless you do leveraged or inversed leverage options (SPXU, SDS, SPXS). They're cheaper but also don't move as wildly unless there's a big event that affects SPY.
Cheap. Less capital involved in trades which means more trades available per day based on unsettled funds. Limited losses on long positions… I mean, I think you realize… take today for instance, to scalp a quick $100 off SPXU would’ve required $2645 worth of shares… WELL above the amount needed for any option to return $100
SPXU. Gayest Bear out there.
Long Call: SPXU Long Put: SPX Long & short of it: S&P500 going bye 👋bye
Was not bullish on the stock market at that time. I was a bear all of 2022. I was buying the dip on SPXU. I am not bullish on the stock market here either. We're going to enter a deeper bear market in the near future imo. I am bullish stuff like the Hang Seng or commodities rn.
I do spreads for stocks like that. Also SPXU is a 3x inverse ETF for SPY And it's stock price is around 7. So that's cheaper but the bid ask is wider. I have been having success trading that
Uh, yes, they did: >Retirement accounts run by employers cannot offer risky investments. Which I pointed out is false. Many people can buy whatever securities they want in their 401k. I have personally traded GBTC, UPRO and SPXU in my 401k. W/e reason OP's company doesn't offer this has nothing to due with any type of supposed risk the company has for losses participants have from their own investing decisions.
You can buy a product that mimics volatility (VIX) or an inverse ETF (SPXU). These products are not meant to be held long term & actually decay over time (like any short position). Alternatively, you could buy bonds — bond prices go up when interest rates come down. If we were to enter a severe downturn, fed would start QE (lowering rates) so bond pricing would climb. Benefit of this strategy is bonds are cheap right now and the yields are great (5%+). So, even if market stays strong (which it likely will btw) you’ll make money collecting interest rather than bleeding premium on short positions. As a side note: every day I see people on these threads calling for the next big crash. They all think they are Michael Burry, and likely just finished reading/watching “The Big Short”. The reality is, the probability of you knowing something the rest of us don’t, is slim to none (but if you do know something, please do share; neither CRE nor household debt are secret catalysts, they are well known and priced in). No one ever sees it coming, not even Burry — the part everyone conveniently leaves out is Burry may have stumbled into a problem/killer investment thesis, but he had no idea when it would actually materialize and he almost bankrupted his fund by moving too early. Burry got lucky (he is very smart, don’t get me wrong, but luck played an undeniable role. I love Michael, he’s a brilliant investor, he’s made me a lot of money — not knocking him). Also, Burry returned 490% to investors between ‘00 - ‘08. The 8 years following the crash, markets rebounded nearly 400%. Moral of the story, in the end, the markets are the great equalizer and Burry chooses a very hard row to hoe; & his returns are just slightly above avg. Invest long term, buy the dips, and you will generate roughly the same returns. Which is what Buffet has preached for years. Time in the market will almost always beat timing the market. And don’t buy dumb companies, buy good established companies.
My friend at work doesn’t believe in AI. Bozo keeps trying to time his SPXU purchases perfectly
Next time you want to short SPY during a bull run, buy shares of SH or SPXU so you don't blow up your account. At least not as fast.
To make sure we are on the same page, you can't limit your downside without also limiting your upside. So if you are okay with that, read on. In general, your problem is over-constrained. The minimum effort part is the biggest hurdle to get over. You would have to relax the 20% floor on loss in order to achieve the minimal effort goal. If you allow the loss limit to float, you could just roll 60 DTE puts every month (30 days holding time) and reset the strike to be the 20% loss level of the current price of SPY. Like if SPY spot is 400, buy the 320 put. But it will only be 20% that one day. Every one of the other 29 days it will be some other number than 20% (or 20% by sheer luck), because the price of SPY will have changed. So if that is acceptable, that's pretty low effort. The other super low-effort approach would again abandon the hard 20% loss level and go for a more general "cushion the loss" approach. You could either buy calls on a SPX inverse fund, like SPXU, or buy calls on VIX. The amount of loss hedged will fluctuate over time, but the cost of these calls will be a lot lower than the previous scheme. You can again roll 60 DTE every 30 days or some similar interval. BTW, the reason I like 60 DTE very 30 is that it keeps you on monthly expirations for better liquidity. This might not be as much of an issue for SPY, but it would be for SPXU calls. Anything more than 60 DTE becomes problematic due to the monthly expiration cycle skipping months. Like if you went for 180 DTE every 90 DTE to get on a quarterly schedule, unless you are on exactly the quarterly expiration schedule, you'll have problems finding expirations sometimes. Besides the fact that 180 DTE puts would cost a lot more up front compared to 60 DTE.
I'm regarded. Here's GOLD $14.75 - 3/1 calls // SPXU $7 - 3/1 puts
Watch my SPXU puts continue to go deeper into the money to make up my NVDA loss.
SPXU to $7 by EOD tmr
Buy SPXU $7 2/23 puts. We already got it from 0.01 to 0.03. Let’s ride
Everyone buy SPXU $7 2/23 puts for 0.01-0.03 let’s make some tendies. SPY goes up, SPXU goes down
Let’s ride homie. SPY keeps going up, SPXU keeps sinking. It’s now $0.02 join in boys
If everyone buys SPXU $7 2/23 puts for $0.01, we can all make some tendies
Well, it seems to have made the S&P jump so my SPXU puts went ITM. The win there should balance out my loss to net zero. lol.
Totally watching SPXU for some scalping
I buy SPXU, quarterly average out during the day cause a crash is inevitable
When NVDA drops it going to take the Market with it .So the day before I'm buying SQQ ,SPXS,SPXU set stop loss for 5%. when I think I see the bottom of the drop (I will mess that up for sure) sell the shorts and use that gain to buy the dip. Can't go tits up ?
It’s a complete lottery ticket gamble. It’s a small account that I just play with. I’ve had good luck the past few weeks buying OTM puts on SPXU so I figured I would try something bigger.
YOLO $SMCI and ride the wave until it peaks. Don’t trade weeklies. Keep $SPXU weeklies $1 OTM calls as cheap af insurance. $VIXY calls as early indication of market volatility. $SPXU / $VIXY calls meant to expire worthless, flip if suddenly ITM and close all other positions.
Bought 1 month out SPXU puts with a $7 strike.
I had SPXU 7.5C’s as insurance cashed at 172%
$WM 190c 02/23 calls, $SPXU $7.5c 02/16 calls, and $HOOD 13c 02/23 calls I intend to flip on the IV spike. GG2EZ https://preview.redd.it/8qq61u1gxcic1.jpeg?width=2048&format=pjpg&auto=webp&s=678a80162cccc1b86875f3bfc64dcbdf8fb4f212
Hey bulls- you can get calls on SPXU and still be bullish against market downturns  Im so glad I decided to play $WM $HOOD and $SPXU FULL TAYLOR SWIFT MODE ENGAGED 
$SPXU calls PRINTING YESSSSSSSSSSSS
MY SPXU CALLS 😍😍😍😍😍😍 I always say to keep them for cheap insurance https://preview.redd.it/dbqjbyx1vcic1.jpeg?width=1125&format=pjpg&auto=webp&s=5193139781eb4271e4aad8cc7e78e47522b17c2f
https://preview.redd.it/l4s67ejp73ic1.jpeg?width=1080&format=pjpg&auto=webp&s=7954eb182921e2a69afa52336d24c4ee6fcb6e6d Thanks for the gains Dark Brandon & Taylor Swift 🙏🏽🙏🏽🙏🏽🙏🏽 Got some SPXU $7.5C’s for tomorrow since NVDA and SPY smashed ATH’s and I expect at least a minor retracement. Currently at $7.43 👀👀👀 $WM 195C’s already locked in and up 44% for earnings play, and some LCID $4C’s for their earnings. May just sit back tomorrow and let it all play out.
SPXU calls for when and what strike?
Filthy casual, I bet you don’t sip a good 2008 Champagne and have the balls to keep $VIXY and $SPXU calls for insurance.
Now that you admit it, $WM calls ASAP on Monday, $195 strike and pick a date. Move profits to $QCOM $160 June. Keep cheap $SPXU calls for insurance, either hold to expire worthless, or sell if they’re suddenly up. Apple leaps $200 01/2025 start loading with extra profits. $INTC 50c leaps 01/2025. You’re welcome.
Remember to rotate out of XXXX and into SPXS & SPXU at the peak.
Agreed with this. You need to prioritize LEARNING by PLAYING AROUND and do it as cheaply as possible. If you have no strategy and just want bigger gains id recommend SPXL or SPXU instead as that takes time out of it and might give you leverage But options, everyone comes looking for big gains and always never talk about the likely downside outcomes due to inexperience and over confidence It took me 2.5 years learning the markets before I was naturally ready to make the move to options. I earned it.
This is hilarious to me because I managed to make money on UVXY, SQQQ, SPXU, and SPXS. I'm either lucky AF or my doom/gloom radar is amazing. I wish I was smart enough to figure out which.
Inverse index fund ticker SH It will do the opposite off the s&p. or if your really sure SDS, it will do double the opposite of the s&p. Or if you are really really sure SPXU. It is a triple inverse. You can also buy all those on margin and increase your losses when your wrong
I see SPXN SPXL SPXU SPXC SPXS, etc... Not just SPX
If that's your opinion you could go SPXU or SPXS. Both are 3x inverse leveraged S&P500 ETF's.
My SPXU is sitting -33%. I'm only holding shares though. Gonna nibble my way out when some black swan sends this thing into a nose dive. Too many inflationary pressures and geopolitical issues to not throw a curve ball. Its hard to price in regional conflicts as their implications are unknown
No, it’s most likely not a worthy investment. Volume and open interest is not something that I would base a trade on. Nor would I do anything with SPXU, stick with SPY or SPX for way better liquidity. Options do not move on their own accord. You need a solid understanding of price action (on the underlying stock chart). Once you can read price action on the underlying stock, then you can decide how you want to trade that price action using options as the vehicle.
i had been trading SPXU, a 3x levered ticker (or the SPXL) and with my 9k account, even using full capitol and a huge move my way was making me like $200-300 and then tied up money for 3 days Options gives you leverage. 0dte is INSANE leverage, but 30-45dte is probably similar to a happy medium on those 3xl levered tickers and Options. My friends who work in the industry all use leverage No one with a 10k account can just buy shares of stocks in a PDT account and make money. It took me a year to find this out basically.
I just thought I should learn how to backrest but more directly, when I started looking at a multi year chart of SPXU,it suggested to me that using a leap put would not work. Buy a put at the start of the month and sell at the end. That way you are insulated from the spikes except for that month's contract and if you are only buying at say 5% of your stash, then any one month liss is not a big deal.
We are semi pro options traders here . Yes you could make 8-22% a year historical buying the spy . However wouldn't you rather be stressed ass fuck you won't make rent this month because you put you last $500 into a 0 day to expire call option on SPXU ? You literally could make hundreds of dollars potentially
$9 SPXU calls is the play fellas 
I’m confused as well why my SPXU is -2%
I'm confused why SPXU is -2% on 24h trading.
Why is SPXU -2.28% on 24 hour trading on RH?
Tossed 1000$ in SPXU to hedge my other bets win / win
Started a position in SPXU 5 days ago. Will ladder in the next couple weeks. Getting toppy with valuations
I've been nibbling SPXU for months. slow and steady waiting for the S&P to have a reality check.
SPXS - Large Caps, SPXU - SP 500, SQQQ - NASDQ 100, SRTY and TZA, Russel. Do yourself a favor, start with a small position right when the market starts, wait to see how the market trends, pour more once you have confirmation, exit with any indication it is going against you. Note since they are ETFs. At most, returns would be around 3-5%. The market has to really sink to get above those numbers and the market needs several consecutive down days. If the market is choppy and it goes up the next day, you are back to where you started. Good luck to you.
Tossed like 40k into SPXU/SQQQ so get ready for ATH by end of year
SPXU strangle for cheap NVDA play, of course.
That's wonderful and I applaud you. I'm just giving you my humble opinion to dump SPXU ASAP!
I use to have a portfolio that looked like that.I started trading ETF & Leverage or inverse leverage calls. My fav Inverse is SPXU or if you wanna get NVDA buy the NVDL
Watching NVOS Heavy!! Got a lot of SOXS & SPXU 2day lookn 4 a steady employment report; hopefully sending S & P and friends down.
SQQQ, SDOW, SPXU, TSLQ, & NVDS. Only because it’s by December.
The only calls I’m buying are SPXU calls
Quarterly avg on ETF'S: SOXL might fall further but will boom EoY Santa Claus rally. Was a great day 4 me!! Finally my Defensive potions are heavy movers. Love the SPXU!!
Cash all that and throw it in SPXU
The S&P 500 is currently testing its SMA200 level. A couple of weeks ago, the market tried to breach this threshold but was repelled. If prices consistently stay below this level now, it paves the way for a more pronounced decline. The next target range is between 4100-4130. Consequently, I'm maintaining my short positions in leveraged ETFs such as SPXU (3x inverse S&P 500) and SQQQ (3x inverse Nasdaq).
I would add SDOW to the list. Just to add to your point - SQQQ, SPXU and SDOW January options at peak on Monday and sold today near market close for a very healthy gain. Only reason I state that was that I never intended to hold until January but it’s nice not to have weekly’s on those…
With bond yields spiking, I’m Hedging my cannabis position with SPXU. Wouldn’t it be wild if they both worked at the same time? I wouldn’t rule it out, despite conventional thinking it’s not very probable
SPY 10/20 $435C SPXU 10/20 $12P ITM VIX 11/15 $19P We’re at major levels on the 1D, 4H, 1H. I’m either right or very, very wrong. 
I have some ideas. Is this a challenge vs. other teams to see who outperforms? If so, you’re going to need to make a big directional bet on the market to win. For example, if you think the market will be lower you’d buy… 3x leveraged short SPY ETFs like ticker:SPXU long the VIX 2X levered through ticker: UVXY, go long on bonds levered 3x through ticker: TMF. If you think the market will rise you would just do the opposite with the appropriate ETFs.
Interesting. I guess I bring this up because I see a few variables both now and down the road that are likely to negatively impact the overall market. To name a few, that would be the commercial real estate market, the federal government's closure in about 20 days, the federal government's budget with interest payments now being more than our defense budget (which will likely require more borrowing and or severe taxation/cuts to spending). I see each of these variables on top of a few other heavy hitting variables as bearish elements to profit from however, the timing with options seems like a losing cause. I might just end up buying shares of something like SPXU and doing covered calls on them until it this stuff starts to get priced in. I also don't understand the rally we're seeing right now either. When compared to the bigger picture, I'm not entirely convinced valuations are where they're supposed to be at which leads me to think this is something to the effect of momentum carrying us upwards. I could get behind October's increase in the past since we didn't have these variables at play today however, I feel like it's borderline irresponsible to approach this market with a bullish mindset on a weekly, monthly and even year basis.
Only buy SPXU and ride it’s momentum
SPXU a 3x inverse of the S&P 500, Tesla, and NVDA are my positions
I have some ideas, can you guys give me feedback? ​ docusign calls 1 year-te 65 strike SoFi 1.3 year-te at 12 SPXU Short and call at 12 3 months to expiration ​ ​ Am I being too conservative?
Honestly I'd bet on SPXS/SPXU for the next year the way things are looking.
Sqqq and SPXU work as well.
That's a great question, and I recommend you look at options chains for some triple leveraged ETFS (specifically LABU and SPXU) to see the details that I'm going into. ITM on these, you can get for practically 0 premium. You'll usually pay around 1 to 2 cents extrinsic on a $2.50 option
Hey friend, I agree with your thesis, although I am more of a day/swing trader I can give some insight regarding some more valuable long term bearish bets. The way I see it, you have two choices. **Choice 1** \- Buy an OTM option on the hope that something big occurs, with a high risk/high reward. If you're wrong, its all gone. If you're right, you can make a lot so long as you get out while the trade is in your favor. ​ **Choice 2 -** Buy an ITM option that has good intrinsic value, so that your theta decay is minimized. SPY is an extraordinarily overpriced ticker for options, I would recommend using a SPY derivative for a long term bet to maximize your capital and minimize theta burn. Some you may consider are LEAPS on SPXU, Put LEAPS on UPRO/SSO, or (if you're extremely daring) an ITM long term call on a volatility index such as UVXY or VXX. No wrong answer per say, but I'm a believer that if you're going to buy an option you should get the best bang for your buck, and OTM is almost never that. Also, people will respond about the volatility decay on leveraged derivatives. True, but that decay is less problematic than the annihilation of your account via the theta that you'll find on SPY options. Godspeed!
SPXU, SQQQ, and TZA are your best friends right now
100% cash so taking 15% of that and parking it in SPXU/SQQQ/TZA
Cashing these calls at open and starting to put some money into SPXU and SQQQ shares near 450
Shifted down from puts to SPXU/SQQQ shares at this level in case we clear it and pop further
If SPY gets to 450 I'm slowly tossing my life savings into SPXU for the pullback to 440