SQQQ

HugeAd5056

I agree to disagree on this. I’ve done the math. If you worked with real numbers instead of hypotheticals we might be having a different look at this (i.e. current cost of long term puts you’re suggesting on Russell or that DOW actually drops more than QQQ other than when the UNH drop shocked the index as compared with how cheap SQQQ calls actually are).

Electronic-Buyer-468

I feel like you're still missing my point though. I understand what you're saying that hedges are definitely needed, and absolutely you're hedge should be relevant to what you're long on. BUT there is a better way to do it. If my portfolio was mostly commodities, then SQQQ might possibly work in super small doses at super small intervals. If my portfolio is mostly S&P and Nasdaq funds, any time I use SQQQ I am effectively cancelling out and wasting my capital in both directions by taking 2 sides of the same bet. The other issue is the fact that QQQ is a ridiculously strong index over it's entire history. Why not bet against something like Dow Jones or Russell 2000 instead? Just to give a very simplified and common index. In reality you'd want to do some actual deep dives into high liquidity funds that track similarly to assets you're already invested in, yet typically perform worse. You just have to sort some screeners by AUM, and start plugging in side-by-side charts on Tradingview or StockAnalysis.... super simple. There are a bunch of trash funds out there just waiting to be shorted, use those! Not SQQQ! It's only saving grace is it's super high liquidity. It's great for a day trade trip where you need to let's say get in at 11PM and get out at 5 AM lol. To hedge an options trade, or something like. But anything else, holding more than a couple of days? Bad idea.

HugeAd5056

You make a good point. I don’t really think SQQQ is a sustainable pick either though… just a direct hedge against QQQ in case of actual disaster. My logic is based on what happened in April. SQQQ more than doubled when QQQ and SPY only dropped 20%… and I only say “only” in reference to the fact that this is a 1:5 hedge (20% vs 100% price moves). So if I had $100,000 on QQQ and I put $10,000 on SQQQ, I wouldn’t be fully hedged, but if the market tanked on some really unexpected/bad news, I wouldn’t be hurting either. Now I wouldn’t really do that technically, because I’m not investing in that scale (about half that scale, really) and secondly what I would do is buy a call on it so I can get disproportionate returns if things suddenly went terrible while having minimal exposure to the underlying decaying as it usually does. So in this sense, it’s a very practical hedge that hopefully was never needed.

Electronic-Buyer-468

Why SQQQ when there are so many weaker tech assets to target? QQQ is historically one of the worst assets to bet against in the financial world.  I'd advise you to research into all of the underperforming funds out there compare them against the indexes, and use the ones that are perpetually worse off and/or more volatile and target those for shorts/puts. Definitely not SQQQ though.  We tend to over complicate some things in this game, but once you take a few steps back you can see the bigger pictures a bit better. The best funds are long in alot of good assets and short in a lot of poor assets. In the end, you're eventually going to win the majority of the trades in both directions. But you will lose 99% of your funds against Nasdaq about 99% of the time. So why try finding that 1% ?  This is all coming from a former degenerate crayon eating perma bear BTW. Haha. Not a VT & chill perpetual bull boomer

Ithinktoodeep55

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.

SkinnyPets

I am in SQQQ myself as well

ffo_kcuf_og

And yes, I’m short QQQ via SQQQ and short ORCL which like CVNA likely goes to $0 without govt support in 2026.

_TheGoogz

2026? SOXS SPXS PSQ SQQQ SPXU REKT TZA RWM Treasuries Gold

HugeAd5056

I like SQQQ as a hedge instead of puts of if investing in Nasdaq. Everyone says it’s a leak that resets daily and blah blah blah but it’s not like it won’t spike if the market pulls back. Holding puts have theta decay… SQQQ resets daily… tomato tomato

spyzoom

Issue isn't whether SQQQ *can* be a hedge... the real question is why use a daily-reset fund that suffers from volatility decay when a deep ITM put gives the same protection without the bleed ? If you're going for market-neutral, Iron Condors over Wheeling.

HugeAd5056

You can’t seriously think SQQQ can’t hedge SMH…

gokinetic

Dude... what ?? Fellow SMH wheeler here. You're essentially building a complex machine to light money on fire: * **SQQQ is a** ***daily reset*** **leveraged ETF** that suffers from beta slippage (volatility decay) so holding long-term deep ITM calls guarantee you'll bleed value over time even if the market stays flat. It's not a hedge, it's a leak * **SMH and QQQ are highly correlated.** By holding a massive SQQQ position, you neutralize your own Wheel. You cap upside when the market rips, but still pay to hold that decay Stop over-engineering this. If you're worried about a crash, just slice some of your premium to buy a cheap OTM put on QQQ.

CasualConstituion619

Well time to watch QQQQ and SQQQ and level up

GoZukkYourself

Because it's SQQQ.

Impressive-Mud-3362

Probably SPXU and SQQQ

hairhelp69

Thanks for the comment. I didn't consider SQQQ so thanks for that. The issue is though it is leveraged and because of that it loses from volatility decay. Maybe put options on TQQQ is the way forward.

D_Pablo67

SQQQ is the leveraged inverse QQQ ETF. TQQQ is the leveraged ETF in the same direction as QQQ. If you stock moves with the NASDAQ 100, you hedge is to buy SQQQ or buy put options on TQQQ.

StatisticianOk328

$TSLZ and $SQQQ. And $ETHD. I fucking hate money.

mvptc

Buy NVD & SQQQ

JagwarRocker

At one point I tried a strategy where I owned equivalent amounts of TQQQ and SQQQ shares, and sold calls on each of them. It worked well for a while but it was exhausting. And TQQQ and SQQQ are not meant to be held long term so each long position slowly deteriorated

tugrulthelol

There is this really good long term hold etf called SQQQ, full port into it and you'll be fine

jnas_19

SQQQ

Dr-McLuvin

SQQQ

nitoupdx

SQQQ

drew-gen-x

This bear sold his $SQQQ position yesterday. Those profits went into buying crude oil stocks and waiting for a pullback in gold that may never come.

Spicyboi981

Not me but did buy 1dte SQQQ calls

SinStockGuy

So load up SQQQ before numbnuts opens his face anus?

d33p7r0ubl3

When was there a reverse split on SQQQ? If I had seen it sooner I woulda known it was a top signal

drew-gen-x

Silver is up 31% this month. Gold is up 7.4% over last month. I've made 5% over the last 30 days shorting $QQQ with $SQQQ even thou I timed my trades badly. Today my green positions are $HAL, $OXY, $IP, $MOS and of course gold. $XLE and $XLU are about to explode once people start to realize where is all this energy going to come from to pay for all these datacenters being built and what is actually needed to power AI consumption.

hypsignathus

BRK, Oil, SQQQ up. 🥴🥴🥴 🇺🇸🇺🇸🇺🇸

GreenBud_Hero

Lmao 🤣 i mean i dont truely believe what I say but i also dont truely believe in an honest market. I talk to people at work all the time. Im just a normal dude that like to play SQQQ weekly calls every time work gets slow and im bored. Then i day dream instead of brain rot tik tok… not implying that u do by saying that

drew-gen-x

This bear just moved some of his $SQQQ short gains into shares of $HAL and $OXY, which are added to my new positions in $MOS and $IP yesterday. If this Scam Altman AI circle jerk bubble doesn't crash the market, then at the very least we are going to see a market rotation into energy & commodity names. Trump and J-Pow can print $USD, but you can't print crude oil.

drew-gen-x

And I sold completely out of $SQQQ. It's time for another V pump fake. You are all welcome.

drew-gen-x

I just sold half of my $SQQQ position. Bears make money : )

Rare-Competition-248

I just flipped my SQQQ to TQQQ ten minutes ago LETS FUCKING GOOOOOO

Rare-Competition-248

It feels retarded to continue holding full port SQQQ every day but i just keep making money 

Rare-Competition-248

SQQQ gang rise up 

Rare-Competition-248

lol no.  (Is long SQQQ)

ReasonableMidnight71

SQQQ

Rare-Competition-248

Held my full port SQQQ position from Friday.  Was a little puckered at the beginning of the day ngl, but immediately she started acting right again.  If you look at QQQ, especially something like the 3 hour chart, she’s showing every sign of an imminent breakdown.   In any case, it’s worth hanging onto the position for now - especially with several negative catalysts coming later this week and next 

Pretty_Ad_7885

Is the new meta SQQQ and SPY?

Impressive-Mud-3362

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.

markandersonfb

SQQQ

markandersonfb

when do we full port SQQQ?

Rare-Competition-248

I borrowed money from family savings to go full port SQQQ Friday at close because vibes were off 

Rare-Competition-248

Not me, I went full port SQQQ at Friday close on a hunch 

Rare-Competition-248

I went full port on SQQQ Friday at close.  Fuck this market and fuck your optimism.  See you Monday morning r***rds

drew-gen-x

I never time my sells perfectly but no one is dumb enough to hold $SQQQ as a buy & hold. I started my 1st job during dot com and 9/11. I can tell you people weren't talking about stocks as a wealth generator then as they are today. People did, however, talk about owning a home as a lifeline for financial security. There's no reason that cycle will not repeat after a market crash. What good are stocks if you are living in a van down by the river : P

drew-gen-x

Keep preaching away brother. My $SQQQ shorts are looking green as $100 dollar bills. On a serious note I think you may be surprised how narratives change over time. At one time buying a home & starting a family in your 20's was the American Dream. Now the average age of 1st time home buyers is 40. The boomers are dying off. Their millennial kids just might rather sell those stocks and rather buy a home before they retire over bidding up stocks.

SPQR0027

TQQQ's loss is SQQQ's gain.

oooofukkkk

I bought SQQQ at 330 yesterday. I thought we’d be lower

BlueCordLeads

I like him for another reason. $SQQQ and $SBIT are going to start printing

ndwillia

$124,574 portfolio as of close on 10DEC. Portfolio allocations below are approximate. > SQQQ - 15% (percentage includes some 2 month out sold puts in total notional value. I sell calls periodically to offset the volatility decay). > FXY - 25% (FXY is Japanese yen currency ETF purchased in USD). I see this as basically a cash position and a hedge against USD dropping and upside on Japan interest rate hike together with US-Japan carry trade unwinding with fed cutting rates). > LEGN - 5 % (with plans to increase to 8% max allocation. last 2 earnings reports show moving towards profitability in the CAR-T cell therapy space (not profitable yet, but looking better) > US10Y - 5% (bought at 4.4%) > SPY - 5% (ish - have been trimming this for the past 3 months heavily from initial allocation of 15%) > USD (cash)- 45%. Used for maintenance of sold out positions and reserves for increasing above position sizes based on market dynamics.

PalpitationSmooth992

for anyone who thinks these red futes are fake open an after hours screener look at the volume of UVIX SQQQ SOXS and other bear etfs bought millions and millions of inverse etf and you think that there wont be a massive drawdown after sell the new rate cut? we are only getting one more cut if we are lucky which means the market will throw a tantrum until the odds of more go up thats the name of the game look at last week

PalpitationSmooth992

so much UVIX SQQQ and SOXS bought after hours we are gonna have a -2% day tomorrow minimum they are mad we only getting 1 cut next year maybe none if things keep getting worse when silver pumps it means stocks will crash not even gold is safe now

Buff_me_plz

SQQQ also known as NBIS

Historical-Key5613

You could take a position in $SQQQ if you want to short the market

ItsHowItisNow2

I am feeling the same way, but reluctant to sell a few due to my cost basis being low, such as Oracle $48, Apple $112, NVDA $96…all associated with the AI conundrum. I am also holding TQQQ with the bulk at $5 cost basis, so little risk ahead since I alternate between SQQQ for dramatic moves to generate additional profits. Everything seems stagnant, uncertain and volatile due to conflicting data and an irresponsible orange buffoon making constant drama and turmoil.

WellAintThatShiny

3x leverage is too much for this play long term. I’ve had the same thought and the decay on the ETF is just to much even in a crazy bear market. Swing trade SQQQ or if you’re really committed to this play, buy puts on TQQQ and take advantage of the natural decay on the other end.

azurekevin

Pull back the chart to max on SQQQ. Now do the same for QQQ. History shows that the market / NASDAQ not only always goes up in the long term, it does so at around 10-15% per year on average. If you try to inverse that, you **will** lose. Just look how much SQQQ has decayed over its lifetime. Given enough time, any position in SQQQ will effectively approach 0. An inverse ETF like SQQQ is only meant to be held for a brief period when the market goes down, and *has to be sold* as soon as the market starts to go up again. The problem with that is you have to nail your timing almost perfectly. Also, even if *you* think there will be "crazy" times ahead, you're probably wrong, or even if you're right you might not play your cards correctly. My personal read is that right now is the time to be bullish, so I would completely avoid any inverse ETFs.

Wintrgreen

It can work as a hedge, if that's something you want to do. I wouldn't take a large position in it, personally. Due to the triple leverage you can downward hedge your investments with only 1/3 the capital of a normal short. Say you have 100k in QQQ, you could put 33k in SQQQ and, in theory, your total balance should remain roughly the same regardless of whether QQQ goes up or down. Just know that if the market continues to go up you are missing out on a lot of gains from having capital tied up in SQQQ.

garnersgoats

It's in the prospectus that holding sqqq overnight is a bad idea.. they just did a reverse split not too long ago.. it goes down way more often than it goes up.. inverse leveraged etfs are "widow makers" ... if anything, you're better off buying calls on SQQQ to limit your risk exposure.

Diligent-Living882

so what would it look like if you know what you were doing? are leveraged etfs just something that require much more knowledge to successfully profit off of? in my mind it was just as simple as “if you should invest in QQQ when the stock market is doing well, you should invest in SQQQ if you think the market is about to collapse”

R-3-D

No. And I hold a lot of leveraged ETF's. I'd rather go to the casino than buy SQQQ.

markandersonfb

SQQQ

ThatFreakImHim

Leaps are not safer. Long term hold I remember reading that 2x leverage outperformed. If you really believe in America, shorting SQQQ is the way

Redfield11

After panic selling April 7th (I did buy back by like May 1st but damage done) I often think of the fact there is almost certainly some dude somewhere on here who was holding SQQQ in April and then TQQQ for the rally. And I hate him and I hope never to meet him.

ElephantFriendly

No, swing trading TQQQ and SQQQ shares. I was invincible for, like 2 months.

Ithinktoodeep55

as long as I keep buying SQQQ, the market will continue to rally! I can singlehandely push the nasdaq to 30,000

Ok_Cry7572

SQQQ not on 24hr. Ghey

DefiantDelta

SQQQ not being 24 hours on hood anymore is annoying and berphobic

Unique-Hour7366

SQQQ

ndwillia

SQQQ

Separate_Fold5168

SQQQ nosedive maybe

Nefarious_AI_Agent

Think i need to go back to holding SQQQ so this shit keeps ripping

Nefarious_AI_Agent

The only thing red in my port is SQQQ

Crazy-Direction-7111

QQQ is nice but buying 0DTE SQQQ calls is priceless.

drew-gen-x

I just added to $SQQQ. I'm betting the $QQQ gets rejected at Friday's closing price.

Nefarious_AI_Agent

Gonna hold a fractional share of SQQQ so we never go down again

AbsorbingTax

Was gonna sell my RIOT and buy an SQQQ hedge on Friday, but was busy at my new job. Also, I got greedy.

african_cheetah

Riding on tech isn’t a bad idea. QQQ already captures most of the individual tech holdings so there isn’t much diversification. Tech rally has been strong since 2010. Ride it to the moon if you can tolerate the swings. I personally like QQQ rebalancing automatically. Removes guesswork. I only momentum trade QQQ (and it’s leveraged cousins TQQQ/SQQQ) and long term with GDE on taxable account.

EntrepreneurOld7858

Hmu tomorrow morning. Im in SQQQ atm and if it gets sexy tomorrow I may drop $75k on BTC

orangeyougladiator

Actually SQQQ moves down to the right

MenuSpecialist7783

SQQQ is still a hedge for tech weakness, but short-term, gold and defense may move first.

Separate_Fold5168

You may be right about tech down (hence my uncertain SQQQ call). However, I believe the short term move would be a rush out of US debt and into gold. ONDS is practically a meme stock that follows war news somewhat. Also if he goes in, budget will need to increase.

Separate_Fold5168

Listen up, chucklefucks. The pedo files are required by law to be released 12/19. War won't start UNTILL that week. RTX and ONDS calls for 12/26 PUTS on TLT and CALLS on GLD as oil, gold, and bond yields all about to go to Valhalla (i'm told this is in the sky, but need to do more research). I would saw get some SQQQ calls too... but I'm not confident enough that AI trade wont just keep ballooning away as we slide into a second WW2 (might be called WW2^(2) ?) Good luck, we're all counting on you.

Hwangoutpltr

SQQQ kicked my dog 🐕

Ble_h

Last Thursday, 18 billion was dumped into SQQQ. I hope those retards enjoy Thanksgiving.

Ble_h

Last Thursday, 13 billion was dumped into SQQQ. I hope those retards enjoy thanksgiving.

drew-gen-x

I have no idea what stocks will do day to day. I just look at cycles. If you create channel lines connecting the 1929 to 2000 to 2025 highs on the weekly S&P 500 we have heavy resistance level in this stock super cycle. We would need to put in a new ATH weekly close on S&P 500 before I change my bearish views. If you connect a channel line connecting the 2020-2022-2023 lows the $QQQ briefly broke below that channel support line last week. Again I will probably time my buys & sells on $SQQQ incorrectly over the next 3-6 months, but I have more than enough dry powder in cash to see how this plays out until the $SPY and the $QQQ put in a new weekly ATH close and I admit I was wrong.

drew-gen-x

Buying $SQQQ. The relief rally in the $QQQ is over boyz. The bull trap on retail has been sprung : )

Ithinktoodeep55

the bears have completeley dissapeared now...after this rally. time to buy some SQQQ!!

drew-gen-x

I've had a great month in Nov shorting $NVDA and $QQQ. For full disclosure I completely sold out of my leveraged $NVDA short ETF's yesterday. The $QQQ is at the price levels that I had previously started buying $SQQQ. I might start that short again, however, I am also looking at putting my bearish short gains into agriculture stocks $MOS and $DE. Buy low, sell high. .

garnersgoats

Ive got spy puts and SQQQ puts... can't go wrong unless you're wrong..

drew-gen-x

My port is at ATH's after selling all my $NVDA shorts 90 mins after market open. I'm tempted to buy some $SQQQ since reddit short buy indicator has made an appearance : )

Ble_h

Remember the retards who piled 18 billion into SQQQ last week? I hope they have great thanksgiving explaining why they are now homeless.

JuneFernan

Next time, you're better off asking a question like this in /r/stocks. This sub does not like to give any advice other than to buy the S&P and hold until you die.  SQQQ if you're 100% certain there will be a drop. But part of the reason you're getting flamed here is because you'd be an idiot to yolo everything (or even a significant amount) into this fund. There's plenty of reason to think the market is going to keep ripping for another year or more. 

Dvorak_Pharmacology

So the TQQQ part, I agree, but the SQQQ I have backtested and it always turns bad. Is there any other way to hedge in cases of a falling market that is not and inverse ETF?

gmadriz02

Its easy. when the market its about to enter in a correction, put the 60% of your portfolio in SQQQ, keep the rest in cash to dollar coast average in case of market goes against you. And when the correction is over sell all and buy TQQQ. Easy, just sell at the top and buy at the buttom, rinse and repeat. 🫡💵💪🤷🏻‍♂️

bogey3putt69420

SQQQ