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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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?
Morgan Stanley warns stock market rally will likely be short lived S&P 500 could fall 18% from current levels, Morgan Stanley warns
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
How to Short the Market - a lazy intro
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Mentions
Naw, wish I could help more there I know there SH and SPXU and the ol SQQQ but I'm only here with my gambling port lol(I have the regular boglehead port that is just auto) but i mostly mess with SPY options for the liquidity. I've been using Gemini from time to time and it's been working honestly it's good research just check sources.
If you do this make sure to buy back in using a different ETF holding the same equities. VTI or SPXU would be appropriate. https://investor.vanguard.com/investor-resources-education/taxes/offset-gains-loss-harvesting
It's unethical IMO, the only ethical choice for me now is SPXU/UPRO
Yes. I stopped trading UPRO(3x S&P) on dips, and started trading SPXU(-3x S&P) when SPY hits resistance. My strategy is extremely boring. Only trade those two.
The problem is I got in too early and the market ran up a little bit the morning I bought it. I'm looking at SPXU vs SPY on a long range and I am looking at a huge disconnect. Keeping an eye on Backwardation in the VIX futures, we might just be early. I think I stand more to gain than to lose with a 1% position in this. UVIX might be a way to hit turbo on this if things do get bad. :D
Not holding any puts over the weekend cause I chickened out but did convert all my cash to SPXU shares just in case.
I got in SPXU the other day, Inflation data tomorrow. This market wants a pullback, needs a pullback. Or is inflation just too powerful? 
Awesome job. Now instead of the slot machine 0dte, trade shares of UPRO (3x) or SPXU (-3x) if you actually want to build your money in a safer trading environment.
Instructions unclear, bought SPXU calls
I too am a gay bear with my SPXU calls for June 18th.
I don't know what to short anymore, might just buy SPXU and SQQQ, once it pumps a but more
getting f'n massacred this year so far. adbe, msft, sofi..now NVO and as an extra kick in the nuts I sold my SQQQ and SPXU early last week lmao
I have about 2% of my portfolio allocated to SQQQ and SPXU, I keep buying a bit more every time the SPY and QQQ go up about 3%. I'm about 25% down on each. do I just cut my losses here? it was intended to be a hedge against my positions that have been riding up and up, but ive held it for like 6 months and its not actually "hedging"..just slowly bleeding. thoughts?
> I have to believe a fair number of participants bought SPXU at the start of trading yesterday. Who would be stupid enough to do this AFTER everything took a hit? > I laugh when I see the "TACO" trade. Like, by saying he chicken's out implies that you wanted him to stay with what he said. You don't get the point. HE wants it, but from his perspective he's doing the TACO dance. Doesn't mean we want it > art of the deal [...] But if you know, you know that Trump loves nothing more than negotiating. He managed that EU doesn't want his previous "best deal ever" anymore after this attack threats. Big win, wow > It's like the head of NATO said "I really believe you can be happy that [Trump] is there because he has forced us in Europe to step up, to face the consequences that we have to take care of more of our own defense." He says that to please him lol Truly a M A G A post right here
> I have to believe a fair number of participants bought SPXU at the start of trading yesterday. Who would be stupid enough to do this AFTER everything took a hit? > I laugh when I see the "TACO" trade. Like, by saying he chicken's out implies that you wanted him to stay with what he said. You don't get the point. HE wants it, but from his perspective he's doing the TACO dance. Doesn't mean we want it > art of the deal [...] But if you know, you know that Trump loves nothing more than negotiating. He managed that EU doesn't want his previous "best deal ever" anymore after this attack threats. Big win, wow > It's like the head of NATO said "I really believe you can be happy that [Trump] is there because he has forced us in Europe to step up, to face the consequences that we have to take care of more of our own defense." He says that to please him lol Truly a MAGA post right here
I was all the way in UPRO. Sold it all and went all the way in SPXU. Am I dumb?
SPXU calls might be the play. If he actually goes for Greenland it’s going to be like last April all over again.
alright, I've picked the stocks im going to dump for tax loss harvesting to offset some nice gains in 2025: 1) paypal: 15% in the red, been DCA'ing for 3.5 years (started summer 2022). The fact that I'm still red after DCA'ing over 3.5 years while the market is up over 80% is just downright pathetic. Trash stock. 2) nike: same story as paypal (15% in red, DCA since summer 2022): declining YOY revenues, falling knife for over 4 years, same stock price as 2015. a 10 year flat return (including dividends/inflation) 3) pfe: -7% red fall 2024. using DCF model this stock is highly undervalued, forward pe is 6-7 for gods sake. but there is no helping this stock or company. 4) my SPXU and SQQQ positions - the market just wont correct, despite buying/selling/re-buying these hedge positions in cycles. I keep buying as the market reaches unprecented highs valuation wise and the market just keeps going higher. I'll sell during the mini drops though. what will I do with this money? if you can't beat em - join em. going to throw half of it in tech names - CRM, NVDA, AMAZON, GOOGLE. other half will be cash and/or other defensive positions that are doing better.
Probably SPXU and SQQQ
Ever since reverse split, Robinhood took SPXU and SQQQ out of 24hrs trading. Frustrating because these tickers are supposed to decline over time, but were really usefull for short term trading over night. Any idea when they become available again.
Hedging with a cash allocation that I'll spend during the next 52 market low, but otherwise staying invested. Anytime I tried short it just turned around on me, I unfortunately timed the absolute bottom of the liberation day fallout, SPXU blew up in my face like the moment I bought it the market ripped
Yeah I’d pivot go $SPXU
I sold all of my SQQQ and SPXU today for a loss after they did a reverse split. They'll definitely drop hard from here so I can feel a little better, right?
I have never seen a bull trap like this before. I didn't get hurt because I bought SPXU at top, but I still regret selling it too early.
Im down 30% now on my SQQQ and SPXU position that I bought when the market hit historical overvaluation. jesus christ.
Here we go, time to double my positions on SPXU and SQQQ. They can't keep getting away with this, right guys, guys?
risky, and I don’t recommend but I’ve been timing UVIX, UVXY, SPXU, and even BITI for hedging against BTC I don’t hold for long, place stop losses (which unfortunately often just gets wiped out before changes direction) and I’ve been experimenting with buying stop orders at certain percentages kind of messy work but so far, it’s helped with stocks (not so much with crypto due to how fast/volatile)
Not at all!! Today will be a Black Bear Friday unlike any of us had ever seen. Strap in folks its gonna be a horrible day for finance; ONE FOR THE AGES!! If lucky buy SPXU and SOXS for some inverse leveraging GL and may god save us all
In case you want to bet against the market (I say market coz AI is driving it heavily), you can buy SPXU. You essentially would be shorting the market withoit having exposure to put contracts. If you lose, you lose a good portion of your capital. If you win, there is in fact around 3x upside based on April dump. There is also a similar ticker for small cap, don't remember which. That has similar upside. I have <100 shares in SPXU. I don't feel good about the numbers, and hence I'm betting against. This is going on while DCA-ing into the market and even buying into some opportunities of rare earth. My theory is, if market tanks, my holistic portfolio also tanks, but money in SPXU will still perform well. If market continues to be like this,well then, I lose money on my SPXU position, but I still make money in my portfolio.
I’ve gone big on SPXU
Dang, you missed SPXU ? its been ringing fir a week.
Oh shit you didn't see SPXU popping.
How tf is SPXU *and* NVDA both down?
Just buy VIX or SPXU calls. SPXU 10/24 $14 calls you can buy for .22 each. By whatever amount of protection you need. Just keep rolling them. Any turmoil will spike the SPXU price to $20+. 90% chance you will lose money on these. Accept it. Then you can stay long in all your other stocks.
$25,000 in a 401k is not worth hedging against. Just keep contributing over time and if the market crashes that's the best case scenario because you can contribute more at cheaper valuations Now if you had $2,500,000 I'd say its worth hedging against your portfolio. If its entirely in an ETF like VOO I would recommend putting 1-10% of the cash into an ETF like SPXU
My wife sold my SPXU too early, she has been brainwashed with stonks only go up slogan
Buy more SQQQ and SPXU, this shit is about to fall isn't it?
Buy whatever you please but hold 10% in SPXU for the next 2 years.
Bought in to SPXU. Good idea.
NBIS and ORCL pumping 30-40% overnight was at least somewhat reasonable. But INTC? C'mon ya'll, months from now you will look back and laugh, this is the most obvious short-term top sign possible. Nana is spelling it out for you with crayons in 200pt font. Full port SQQQ, SPXU, SRTY and go on holiday. Lot of places are wonderful this time of the year.
I moved into SQQQ and SPXU as a hedge which I rarely too. Markets seem frothy and uncertainty ahead
yup, I sold off my SPXU at a 35% loss after the market just kept going up and up and up and up and up and up with no end in sight in an unprecendent rally. so of course it drops today.
I was looking at UVIX calls but I think I like calls of SPXU a little better. Can anyone speak to this ?
Try to balance using BEARISH ETFs. I just picked up on SOXS, SPXU & TSLS. These can help balance its a see saw game of equity. Not all days will be good + Try 2 stay away from Options unless you know what your doing.
retail truly does. there are no good options for true hedging, and any that are good lose to theta decay (puts) or volatility decay (SPXU). my new strategy of ONLY buying SPXU during extreme market overextensions is not working, as the market is at literally record overvaluations with zero pullbacks and...still going up.
Same here, I have historically gotten in at the top. I think I'll heavily short the indexes. SQQQ, SPXU, SDOW
Either SPXU or SQQQ all in tomorrow
TQQQ/SQQQ SPXL/SPXS UPRO/SPXU. Sometimes 2x leveraged individual stock ETFs
SPXU is a short term leveraged product not for holding long term. Check your money market rates and tax obligations vs gov bonds
But do people buy SPXU and hold it for the long haul? I'm looking at the graph and 3 yrs ago it was trading around $70/share and today it's like $15/share. But if I'm willing to risk some money I don't understand why I can't just hold it for the long haul.
In theory if you knew the US economy was going to crash, the easiest thing to do would be to sell your holdings and invest in an inverse S&P 500 like SH or SPXU. The downside of moving to International holdings is that the US economy much of the global market, so if the US economy crashes, so will global markets.
If you don’t trust the U.S. market bet against it then. $SPXU $VIX calls etc
First off, you don't seem to have an understanding of what hedging means... It is reducing risk while knowingly accepting less profit... Second, those ETFs are not hedges.. You're shorting (betting that the market will go down) and losing due to bad prediction. If you want to hedge, you buy gold or cash equivalents or bonds or consumer staples in the hopes that you will still make money if the market falters, but still make some money if it doesn't. You need to get an advisor or do some research and learn about these basic concepts before you consider buying funds like SPXU or SQQQ.
even hedging is hard. going to bascially sell my SPXU and SQQQ hedge I started when SPY hit 6K at a 30% loss. what will happens it he market will then correct, meaning I should not have even hedged in the first place.
SPXU is 3X. SDS is 2X. You don’t have to read, just backtest. If you buy at the right time in a trending market, you can hold long-term and do very well. But the market will go through corrections and bear markets like 2022 during which time the leveraged ETFs will lose significant value. Those unlucky enough to buy TQQQ in December 2021 and hold are just now breaking even.
There is Math Decay, 100x10%=110, 110x-10% = 99, Lost 1% due the the Math. People like to call it 'Volatility decay' but it is Simple Math. Take your SPXU & SDS( it's -2x counterpart). S&P if is EVEN over a year, SPXU/SSO will be Negative(\~8-12%). Math comparison favor the Negative Integer. SDS, the Inverse of SPXU/SSO will also be Negative, even greater, much greater. Compounding is another Math situation, yet it's not inherent in Math. Thats why you see a 2x make more than the Index because the Index is UP. When EVEN or negative you lose a great deal with a LONG position on LETFs.
Sooooo SQQQ and SPXU??
Shorting the market with everything I own would be a 3 million dollar bet. I’ll skip that bet and tactically short at moments of my choosing. I never touch our main retirement account but like to trade in our Roth IRA and personal accounts. That said you should just buy SPXU and then buy TQQQ on margin. Sounds like the same response that you gave 😆
guys the market will correct in october, which is right after all my SPXU calls expire. that way I can lose money on my stocks AND my hedge!
So buy puts on SPY, or buy SPXU?
im loading up on SQQQ and SPXU in august if they did not rocket up yet.
ruh roh. my SPXU september calls are up even though the SPY is flat/up a bit. looks like premiums are going up since people wanna hedge more......
what's everyone's must frustrating period in the stock market? mine was last year when growth was concentrated in the MAG 7 and AI related stocks mooning, sending the indices up. I had only small positions in the MAG 7 since I thought they were over-extended, and but had alot of defensive names in attemps to lean more defensively - a bunch of healthcare. I also had SPXU and SQQQ as well, thinking the indices were too overheated. what ended up happening was an almost hair-pulling nightmare almost every position I had was going down, Where my defensive stocks were going down, while MAG 7 was going up, while my SPXU and SQQQ were going down as well.
just added a 5k SPXU hedge - now that FG index is in "extreme greed". 3% of my porfolio is now in S and P hedges (SPXU Oct Call, SPXU), 22% cash, and I've been gradually trimming my hi flyers.
I have one account with a puny $2k left that I hadn't transferred to another broker. I buy slightly out of the money SPXY calls, multiply the calls' delta (include decimal point) by the value of 100 shares, then I multiply that number by 1.5 and buy that amount of SPXU. Robinhood allows fractional shares, a very helpful thing for smaller accounts. SPXU is the only 4x ETF on the U.S. market, SPXY is a 3x bearish ETF, as the call loses value, SPYU's leverage more than compensates the loss, it's important to regularly track the SPXU call delta and regularly rebalance SPYU. I'm not saying this is for you, but in recent months, with the insane market swings, I've done very well with this strategy, a single SPXS call with SPYU shares can cost around $300, calls dated around 60 days out are best to mitigate Theta decay.
up to 23% cash and 1% of my porfolio in SPXU Sep calls now. wondering if I should add more SPXU calls as the market continues to overheat
The past week, I bought shares of DFEN, GUSH, UVIX, SDS, calls for SPXU SPXS and puts for a few companies. Will snatch up 10 shares here and there of SVIX when VIX is up. If it drops below 12.50 I’ll buy a 1 month out call for 13. 100 SHLD but not trying to to play with a CC right now
SPXU shares for next week
SPXU calls for Wednesday Fed decision literally free money.
I added $5k worth of SQQQ and $2k of SPXU to hold for the weekend before closing bell today. Impending war in the middle east and ICE protest getting worse through america.
UVIX, SPXS, SSG, SPXU ... bet on the Market going down sometimes :)
any of you hedging against this rally? I've been buying SPXU gradually when SPY first hit around 5800 - basically adding a bit each 100 points the SPY goes up.
Perhaps look at inverse ETF's targeting the S-n-P, or the VIX. Examples; SPXS, SPXU, UVXY, UVIX ...
Currently at 20% cash and want to bump that up to 40% given all the risks/spy basically nearing previous ATH. what's a better strategy - more allocation to cash or more to hedging (SPXU)?
I'm still bag holding SPXU and SQQ. But I ain't no pussy, I don't sell at a loss. 😤😤😤
Sorry guys, I keep buying SPXU. my next buy point is SPY ATH of 6150. once I do that, we can be assured SPY will rocket past it's former ATH.
Well, time to decide on whether or not I buy SPXU.TO tomorrow or not.
Also, here is Gemini's assessment of your nonsense math. TLDR: It agrees that you are completely wrong. This is deeply misleading. Let me explain why their argument fails, and why leveraged ETFs — especially inverse leveraged ETFs like -2x — decay much faster over time than a simple -1x inverse ETF. 1. Their Claim in Simple Terms They claim that because the product of alternating returns in their stylized model is equal across -1x and -2x, the decay is the same. They use an artificial setup with a toy example of price moves up and down by g and claim symmetry around p = 0.5. 2. Why This Is Wrong a. Daily Rebalancing Is Key ETFs — particularly leveraged ETFs — rebalance daily to maintain their leverage. This means their exposure resets each day based on daily returns, not long-term price changes. Over time, this leads to path-dependent decay due to volatility drag, especially for leveraged products. Example: Suppose an asset moves +10% one day and -10% the next. Total return for the asset: (1.1)*(0.9) = 0.99 → -1% Now compare a 2x leveraged ETF: Day 1: +20% → 1.2 Day 2: -20% → 0.96 Net: 1.2 * 0.8 = 0.96 → -4% This greater loss is the decay due to volatility — not captured by their simple geometric product model. b. Their “Symmetry” Argument Misunderstands Decay They argue decay is “symmetric about p = 0.5”. That’s a theoretical artifact in their algebra, but not true in practice. Empirically and mathematically, decay accelerates with leverage magnitude due to compounding on volatile paths. c. Real-World Behavior of Inverse ETFs A -1x inverse ETF decays slowly in choppy sideways markets. A -2x or -3x inverse ETF decays rapidly, often losing 90%+ over a few years even if the underlying goes nowhere. Look at historical examples: SH (ProShares -1x S&P 500): mild long-term decay. SDS (ProShares -2x S&P 500): steeper decay. SPXU (-3x): catastrophic decay even in flat markets. 3. What They Miss Entirely Real volatility leads to non-linear decay. Leverage amplifies daily volatility drag. Their math is valid only under no volatility or an idealized two-step model — not a random walk over time. --- Bottom Line: A -2x ETF decays much faster than a -1x ETF due to volatility drag and daily rebalancing. The response you shared uses an abstract model that ignores how leverage interacts with volatility over time. It's a textbook example of math detached from practical investing realities.
In GLD mostly and I take measured forays into SPXU and SPXL based on what Trump is up to. I never hold those over the weekend. This strategy has me up 30% since Feb. And I’ve also got some 90 day SPY puts ready for the old man to kick down the house of cards.
I was playing SPXU, set my stop loss a little too tight and it triggered right before the dump. FML
AGQ calls $200 SPXU calls $100 GLD calls $100 GDX calls $100
If you want to dabble in trading, I recommend starting with paper trading, then move to leveraged ETFs instead of options. SPY for example can be leveraged with SPYU or SPXU for the inverse. These aren't meant for the long term, so be careful and plan your trades. Goodluck
hahaha!! My man!!! I am up ~$25k today, I split $350k between UVIX and UVXY just in case, but am going to watch SQQQ / SPXU, they trended together pretty well. It sounds like SQQQ / SPXU will perform well in a cyclical downturn, which may still take a few quarters/years to play out from my reading of the leading indicators. Leading indicators peaked in 2004 and took 4 years for 2008 to happen, so... I did want to ask you though, how did you time / plan getting out of these positions originally? I read your post and it sounded like you did most of it manually, but my thinking is this... - Watch it daily/hourly, - wait for it to spend a few days/weeks gaining support at a ~10% gain from my buy-in, - configure ~4 layers of stop orders to - sell ~25% of the positions per breached limit They can't be configured too tightly, because both VIXs dipped hard on April 9th and shot back up the next day before continuing to trend downward. Alternatively, a Trailing Stop Order to auto-sell in the case of a huge move driven by the algorithmic traders/hedgies. I want to give it room to girate, but if it dips and I lose a few 10ks of $ I can wait for it to go back up at some point. Thing is, we started the session so near the 52 week low.. and given the recent events I sense the trend is upward for now—until/unless there is some huge capitulation from Congress/Pres. Last month I tried to jump into SPY/NVDA/MSFT/AMZN, but jumped out with a $12k loss after it recovered from a $30k loss because of the volatility. Had I waited I would have been up handsomely, so I've been looking for another trade that benefits from increasing volatility, and have been researching VIX for a few weeks now. I think the leading indicators for a sharp reversal here is breaking news, giving me almost no lead time whatsoever to sell manually if it craters. For VIX, and in making this decision, my leading indicators are basically non-breaking news (analyses of the fiscal situation), bond activity, and some macro research I subscribe too (which is why I also support the SQQQ / SPXU idea). My hot-take is that given how close to the 52 week low we were (given the enthusiasm of the tariff pause), enthusiasm was miscalculated and now the bond vigilantes have found a new issue to focus on. The last thing I can foresee is endless enthusiasm about the market or the economy anytime soon. New trade deals will take time to generate returns, retooling supply chains takes capex and time, I don't see boundless enthusiasm/hope anytime soon. What I really see are demands for value > hype.
and THIS is why I bought SPXU 20 Sep calls the past week.
Bruh. But Its the Godzilla chart pattern tho... It's totally %100 guaranteed to win sometimes n stuff Everyone knows Godzilla = No Bueno The stock market is goin down baby! Woot! My 5 shares of SPXU are goin to make me a winner gotdammit!
SPXU Sep 19 20 dollar calls loaded. I don't trust this rally but I also dont want to sell my positions. Hedging it is.
Yep, I've got 4400 shares of SPXU that I bought after close. Hope there's a nice 3%+ drop on SPY Monday
Always on a Friday so his pals can buy SPXU
Eff it.. going all in on SPXU.
I cut my SPXU losses today… about 3 weeks late. Now the market will crash. You’re welcome
LOL SPY and QQQ up 4% on the day and like clockwork, here come the wild FOMO bull posts after the entire move happened. This is the post I needed to confirm a short position. Inversing Reddit goes hard as a strategy especially after these massive moves. Thank you OP, in on SPXU.