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Reddit Posts

Outlook on SQQQ. Is this the time to sell some puts?

Weekly Options that might offer a 10 - 20X return for the week

Trying to make money off of TQQQ and SQQQ by balancing them with an algorithm

r/investingSee Post

Trying to make money off of TQQQ and SQQQ by balancing them with an algorithm Technical Analysis

We all know the ship is sinking…but there’s money to be made!

Short the Shorts

r/wallstreetbetsSee Post

$ADSK, 10K YOLO Put Earnings Play | 165x FD @ 180/175 Strike

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SQQQ All In, Maxed Out Margin | 10K Shares

r/stocksSee Post

Pretend I am your son or grandson - tell me why I should continue to invest?

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Advice for first yolo

r/StockMarketSee Post

newb question about limit sales

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2022-11-15 Wrinkle-brain Plays (Mathematically derived options plays)

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I'm 13yo and I lost 7k in $COIN puts and I need some help.

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23k SQQQ YOLO

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SQQQ 3000 Shares Bought Before FOMC. Sold for 12K Profit

r/wallstreetbetsSee Post

I cannot stop getting fucked my stop loss limits

r/optionsSee Post

Sold deep ITM covered calls on sqqq, price drop AH

r/stocksSee Post

Swing Trading Strategy Seems to be Working

r/optionsSee Post

Covered calls on 3x ETFs

r/wallstreetbetsSee Post

My dilemma on the QQQ ETFs…

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Thanks for the hookers and blow SNAP!

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Again $SQQQ and SPXU$

r/wallstreetbetsSee Post

SQQQ hedging against inflation?

r/stocksSee Post

Dow 30k, Nasdaq 10k and 10YR 4% are technical speed bumps on a long road down.

r/StockMarketSee Post

learned my lesson today

r/stocksSee Post

Hear me out - Shorting SQQQ

r/wallstreetbetsSee Post

Horrible week, til today.

r/wallstreetbetsSee Post

Horrible week, til today!

r/wallstreetbetsSee Post

All part of the plan. Really.

r/smallstreetbetsSee Post

It’s not much but it’ll do.

r/stocksSee Post

UVXY: SQQQ ; TQQQ : SPY

r/wallstreetbetsSee Post

A fat stack

r/wallstreetbetsSee Post

Easy SQQQ Thursday?

r/wallstreetbetsSee Post

Chubby bears

r/smallstreetbetsSee Post

Sold some TQQQ to buy SQQQ in September and got lucky

r/investingSee Post

What’s your pick for a CAD-hedged inverse ETF?

r/wallstreetbetsSee Post

0/4 GME TSLA SQQQ and short BeeteeC “Cry”

r/stocksSee Post

Which do yall prefer

r/optionsSee Post

SQQQ vs. TQQQ vs. QQQ

r/investingSee Post

Making profits off of the hardships of inflation across the world

r/stocksSee Post

What is the best way to bet on inverse ETF's with the lest decay?

r/stocksSee Post

How to invest in short/inverse Turkey ETFs or stocks?

r/wallstreetbetsSee Post

Did I accidentally yolo my entire Roth IRA by accident?

r/stocksSee Post

Question on what to do with both TQQQ and SQQQ?

r/stocksSee Post

Thinking of buying TQQQ and ride it out

r/stocksSee Post

Why is QQQ at 52w low but SQQQ not at 52w high?

r/stocksSee Post

Leveraged Nasdaq ETF Interactive Brokers

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Shorting TQQQ and SQQQ

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What’s the next move?

r/optionsSee Post

Buy SQQQ and sell CCs?

r/wallstreetbetsSee Post

Advice on SQQQ?

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Buying In TQQQ And SQQQ Appears To Confirm A New Bull Market

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Anyone taking profits on shorts yet?

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Discussion / advice requested on Monday market - tech focus

r/wallstreetbetsSee Post

Bears come out to play Once of every 15 years, usually for less than a year then go back to hibernate, are you going to adjust your tin foil hats? Let them eat your watermelons and bananas while you eat red crayons. I am using my plans to Tendie Town!

r/wallstreetbetsSee Post

Market Crash and Food Crisis YOLO Update 9/23

r/stocksSee Post

Why not short the market now with SQQQ or WEBS?

r/stocksSee Post

Given 25% cash left, hold the cash ? DCA ? Buy shorts(like SQQQ) ?

r/investingSee Post

Why aren't more people shorting bonds?

r/wallstreetbetsSee Post

How bad was it?

r/stocksSee Post

Question about dividend payout effects on my SQQQ position. Will my gains drop?

r/StockMarketSee Post

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.

r/wallstreetbetsSee Post

🌈 🐻 checking in $75k on SQQQ since last week

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Wall Street Newsletter S02E02 : The perfect date & levels to buy SPX for the "Bear market rally 3"

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Tinfoil hat case for .5 bps tomorrow.

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AH is the preview

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What are the chances that JPow say “Puts r fuk” and all the put folks go -99% (me included)?

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TQQQ VS SQQQ 30 MINUTES BEFORE CLOSE PLACE YOUR BETS. TOMORROW BIG DAY

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TQQQ SQQQQ sept 19th : Place Your Bets

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Market Crash and Food Crisis YOLO Update 9/16

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Market Crash and Food Crisis YOLO Update 9/9

r/ShortsqueezeSee Post

Instead of squeezing shorts, what about just shorting? Is it time for SQQQ?

r/wallstreetbetsSee Post

Gain SQQQ

r/wallstreetbetsSee Post

Gain SQQQ, cruise control for rest of year

r/optionsSee Post

Did the market just crash today?

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Load up on SQQQ boys!

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Trading 3x Long/Short

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$SQQQ for the Tendies

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Poll: Tuesday September 13th TQQQ VS SQQQ

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Wash Sales-What makes an equity a "significantly similar security" to brokerage or IRS

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SQQQ TQQQ Show me the way

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Market Crash and Food Crisis YOLO Update 9/9

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Cheap leverage for the retail trader

r/stocksSee Post

Why I am bearish on Apple short term

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Can someone help me with shorting the market trading strategies and discuss the different ways of doing so:

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It’s like a scratch off

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People who are shitting on folks who made BETS in Wall Street BETS, while unironically giving investing advice like "don't bet more than you can afford to lose", are bigger contributors to this sub's culture change than anyone else. CMV.

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Anyone play SPXS, UVXY or SQQQ?

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Months of lurking, first time entering the casino.

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SQQQ JUST SAVED MY WAY OF LIFE

r/stocksSee Post

Is it too late to short the market? I still feel the market is going to break the June lowest point

r/optionsSee Post

Looking for a different Options Strategy - Similar to a Long Call

r/stocksSee Post

How did SQQQ reach 80k a share?

r/StockMarketSee Post

Good resources for predicting daily market direction?

r/stocksSee Post

What are the ways I can effectively short the market?

Mentions

Not fun. I want extra risky. Maybe SQQQ will do

Mentions:#SQQQ

Okay so my regard thoughts on your intentions as somebody who occasionally trades SQQQ. The rate of decay I believe (could be wrong) around 4-5% a month. So if you are planning on holding something to keep in mind. The economy eating shit is a very likely outcome over the next year. But that doesn't mean that the market will eat shit for any specific period of time. We could just as easily see a bit of a bullish run the next couple weeks until the FOMC and then a sell off. I don't know how experienced you are with trading or trading with this specific amount of money. But with these leveraged ETFs it can mess with you if they get to doing bad because they can drop fast. So make sure you are giving strong consideration to risk tolerance. Just an example in the last month QQQ is up about 10% or so. Which means that over that same period if you had held SQQQ you could be down 30% not even counting the decay. Two things to consider. Rather than thinking about the odds of the economy eating shit think about the odds that the market stays green over the next month or so. I'm not the best at this so take my regard opinion with a grain of salt but I'm seeing what looks like the 200 SMA and another resistance both 5-10% above where QQQ is at now. Will it test those before dropping? The other thing is why go all in at once. Look at more of a DCA kind of approach? My two cents and probably worth about as much.

Mentions:#SQQQ#QQQ

I don’t understand SQQQ.

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Feb. 2023 puts (holding) 30% of cash portfolio in SQQQ shares 10% of cash portfolio in TQQQ shares rest are fun stocks/commodities, 30% cash

Mentions:#SQQQ#TQQQ

I know how you feel... Bought SQQQ FDs at the close

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Why did SQQQ go down

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someone posted yesterday about the SQQQ MACD crossover and it was going to rip...i closed my covered calls before the markets ripped! SMH.

Mentions:#SQQQ#SMH

SQQQ![img](emote|t5_2th52|4258)

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Triple leveraged ETF’s are really meant for day trading or short term trading. You should never bag hold if your trade did not go to plan, you should accept your loss and get into a better trade. As for the puts, if SQQQ is not working, puts won’t either.

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Ok so brain damage idea to hold SQQQ for over 2-3 months?

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how fast you get poor depends on how aggressively the market pumps after you buy SQQQ. Hopefully it's over fast so you don't notice, but I'd say at least a few months to cut your investment in half. godspeed to you - I think it's a great play

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Yeah I’m hoping so. I got SQQQ 🥹

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I’ve been doing well with SQQQ. Just not doing options, im not that re+arded.

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I’ve been doing quite well with SQQQ. Not options though, I’m not that retarded.

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Feeling cute. Might buy SQQQ for the first time.

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Congrats. I bought very OTM SQQQ calls a few days ago. We are powerful forces to be reckoned with.

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I had bought SQQQ at 57 hoping for a tank. LORD HAVE MERCY

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How’s your SQQQ?

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SQQQ expires around Christmas 🎄

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SQQQ $60 calls 12/16 Reason: 🌈 🐻 🤡

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I'm sorry to hear that you're not doing well with your SQQQ position. I would recommend selling your position and taking the loss, rather than holding on in hopes of a rebound. ^^[**Discord**](http://discord.gg/wsbverse) ^^[BanBets](https://www.reddit.com/r/wallstreetbets/wiki/banbets/) ^^VoteBot ^^[FAQ](https://www.reddit.com/r/wallstreetbets/wiki/votebot/) ^^[Leaderboard](https://www.reddit.com/r/wallstreetbets/wiki/leaderboard/) ^^- ^^[**Keep_VM_Alive**](https://www.patreon.com/visualmod)

Mentions:#SQQQ

SQQQ my man? For real? Shorting stocks is a fouls errand.

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This is why I DCA into SQQQ

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I bought the PSQ 5 minutes before close today (also sold some covered calls in the afternoon). I might be early. May switch to the SQQQ sometime in the new year if this thing gets more manic. Powell basically said that rate hikes will be slowing but going higher for longer. Today's reaction is expected but overblown. Yield curve inversion says that we are either in or headed for recession.

Mentions:#PSQ#SQQQ

Urge to buy SQQQ rising

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Oh perfect think I’ll put my gains into $SQQQ

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I'm dead set on just riding SQQQ until my watery grave at this point. I have the same sentiment, there will be a pull back as we head into December.

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Still DCAing into SQQQ ![img](emote|t5_2th52|4275)

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took all my profits and put into SQQQ and SPXS calls exp fri. I'll set stops at 50% and have sex with your brother.. Love house money

Mentions:#SQQQ#SPXS

I don't think they'll be worth anything tomorrow. If they are, I'll probably just take the scraps and ride SQQQ into my death.

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Thank fuck my SQQQ sell went thru at $48.50

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SQQQ is also leveraged 3x.

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Selling puts is bullish, but SQQQ is inverse, so you basically want to make a bearish play vs QQQ? Is there a reason not to sell call credit spreads directly on QQQ and cut out the middleman?

Mentions:#SQQQ#QQQ

I think by the end of the week I'm going to increase my SOXS and SQQQ positions, whether that's tomorrow though I don't know

Mentions:#SOXS#SQQQ

Thought I got a good price on SQQQ but it kept going down 😒

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That one guy that said SQQQ will be at $60 by now 🤣🤣🤣🤣

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SQQQ $41c 3/17 expiration. 26k bet. Let’s see how these rate hikes feel by next year

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I bought SQQQ before JPOW u R Welcome

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Looks like I'm holding SQQQ and SOXS for a couple weeks longer

Mentions:#SQQQ#SOXS

I sold my SQQQ yesterday, was thinking about getting TQQQ but chicken out... :(

Mentions:#SQQQ#TQQQ

Todays nuke sent me back to where I was at the beginning of the week. Not happy, but that’s how it goes. But yeah SQQQ helped me get to where I’m at rn with the portfolio ~20% gain ytd

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RIP my SQQQ shares

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My puts got fucked, so I sold all my long positions in tech at the top and went balls deep in SQQQ. Thank fuck I did that.

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Maybe you should learn about what SQQQ is. Should be obvious why.

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Why was SQQQ down today?

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All in on SQQQ here too

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$110,000 into SQQQ after closing my spy calls

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SQQQ down 10% LOL

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Rate of increase insignificant compared to length of time spent in restrictive interest rate territory. Buying the dip on SQQQ

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ok SQQQ I'm sorry, i tapped out LMAO

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I got into SQQQ on the shrek dick

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I see nasdaq green, I buy SQQQ

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Yeah those two as well as SOXL, SOXS, SDOW and SQQQ.

Hang on. Let me load up of SQQQ.

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I have SQQQ loaded, a COIN put (fuck me), and SOXS loaded.

SQQQ is trading at a higher price. They both change by the same percentage but that moves the underlying more with SQQQ. That makes the calls cost more.

Mentions:#SQQQ

Why is SQQQ calls way more expensive than TQQQ Puts ?

Mentions:#SQQQ#TQQQ

SQQQ on a 15 year chart shows an **all-time high of $524,736** (around July 2010) and an **all-time low of $28.15** on December 27, 2021. 3x-leveraged, *inverse* ETFS decay like a mother fucker. TQQQ more or less trades proportional to QQQ, the overnight slippage is where some slippage may happen, but way less than the inverse funds

Exactly this. I use SPXU and SQQQ to hedge my SPY and QQQ positions. The "10% decay per month" stuff u/awesomedan24 is referencing I've seen come from some fund managers and advisors and sites that reference "back of the envelope" type calculations that don't reflect the actual behavior of the funds but rather some "max leverage/worst case scenario over a long time" type situations. I mean, yeah... if you hold SQQQ indefinitely, you're gonna lose money. If you hold it during a long term downtrend against a long position, though, you'll be fine. When I started using my strategy earlier this year, what I found is that the formula for these ETFs is that they work basically on a 1.1x \* leverage multiple over short periods of time in both directions, more or less. Basically, the effect of the leverage (with some very minor variance on a day to day basis because of the reset) amplifies the directional bias, and when you're in the correct direction the gains are slightly higher per dollar compared to non-leveraged, and accelerate in the same way on the wrong direction, at around 3.3x I did long-term TQQQ holding calcs once and IIRC the return was around 2.6x rather than 3x (just buying 3 times the number of QQQ shares) and that matches the probability math around leverage you're talking about. I also think the idea that these decay so much comes in part from the amplification of losses from movement, which isn't reset decay. Basically, at 3.3x amplification compared to the index, buying TQQQ on a decent decline day against the same capital for QQQ results in 3.3x the decline per dollar, which if you have 3x the capital in it (equal position) suddenly becomes... 10%. The secret to hedging with this is that you use 1/3rd the capital for the hedged short ETF and keep in mind the excess capital impact when people are swinging longs on a bear run, like TQQQ. It's key to cut the capital exposure to something people are comfortable with in their positioning and it's easy for people to overallocate to leverage.

someone just bought 31k SQQQ at 47.92

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Why not SQQQ calls

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No matter who loses, SQQQ goes up!

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As the other reply noted, you are still trading TQQQ or SQQQ shares for a $/share value. The 3x doesn't come into your gain/loss with respect to your counterparty on those share trades. The rest is just how leveraged funds work and how the value of the shares of the levered fund relate to the underlying index. Briefly, the fund trades futures and swaps and whoever the counterparty is to those trades either gains when the fund loses, or loses when the funds gain.

Mentions:#TQQQ#SQQQ

for xmas i would like SQQQ to go back over 60

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When you make money on a leveraged derivative-based ETF like TQQQ or SQQQ, who is losing money? So for instance when trading plain shares, it's pretty easy to understand where profit is coming from. I.e. if Bob sells 10 shares of AAPL to Janett for $140 each, Bob gets $1400 from Janett. But where is the profit coming from for leveraged ETFs? I.e. if I gain 3x the return of the S&P, who is that money coming from?

What is this? A dip for ants? Calls on SQQQ Puts on QQQ Puts on SPY

Mentions:#SQQQ#QQQ#SPY

Bought 2 SQQQ at open be sure to like and subscribe for more SICK investment updates

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i think SQQQ just made me cum

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Thinking about loading up some SQQQ $60 calls at close. There will inevitably be a dump tomorrow. Now it may immediately rally but could definitely make a quick scalp. Or the world burns and you just cash in

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Lost $20k on SQQQ during the July run up. Still hurts ![img](emote|t5_2th52|4260)

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Starting to slowly realize I ain't black All in on SQQQ

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I tested all indicators myself. They are all garbage. All of them. Your best bet is another source aka stock, commodity or etf to give you signals. I looked at TQQQ SQQQ the last weeks myself = hint try the TLT etf. Good luck.

SQQQ is the gift that keeps on giving this holiday season!

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>If you're looking for investment advice, I highly recommend following the SQQQ ETF. It's up 51% so far this year and looks poised to continue rising. Trust me, I'm an expert!

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I've lost money on the year but my current positions are Jan AAPL puts, SOXS, and SQQQ. Or do you think the entirety of WSB was bullish today?

[SQQQ vs TQQQ](https://ibb.co/sQHGjM2) tight as a button on the 2 hour.

Mentions:#SQQQ#TQQQ

wish i had more $ to throw in the SQQQ fire. good lord

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### SQQQ makes me so fcking wet

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SQQQ paid my mortage for today ty

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I don’t trade or follow SPY. The only indexes I track, not invest in, are .DJI, .NDX, and to get a hint at what kind of a day I’m looking at, .VIX. I watch the TQQQ & SQQQ day range next to each other to see the swapping back and forth bearing in mind that one is a +3 NASDAQ 100 (sans financials) fund and the latter is -3. My opinion? The pain is not over and an inglorious SPY return to 380-385 is coming.

I've got deep OTM SQQQ calls for some dumb reason.

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SQQQ is too negatively correlated. You need something that will store value when you rebalance like cash or t-bils. Here’s 2x QQQ rebalanced annually with cash 50/50. Even during dot com and GFC it beats the S&P. https://imgur.com/a/0Nqb6vE longer duration treasuries backtest with even greater return than cash but will get hit hard by interest rates as we’ve seen recently.

Mentions:#SQQQ#QQQ

I dont use any algorithms, but do trade LETFs against each other.. TQQQ/SQQQ, BOIL/KOLD as examples. nothing is ever considered a long term hold. I also typically hold a 25/75% balance to minimize spikes and provide a bit of a trading buffer, and move that percentage according to the trends Went 100% on KOLD when gas hit $10, and rode it down, and was working BOIL in again, but it (90% KOLD last week... This appears to be similar to your concept of not taking the legs down all the way, no?

I should have bought more SOXS and SQQQ Friday

Mentions:#SOXS#SQQQ