SQQQ
ProShares UltraPro Short QQQ
Mentions (24Hr)
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Why did SQQQ daily volume increase so much so quickly about 2 years ago?
It's been quite the six figure (several) ride down over the past year. No one tells you it gets faster as you get closer to zero. Inherited
Been quite the 6 figure (several) ride down this year. No one tells you it goes faster as you get closer to zero
Did anyone have calls on SQQQ before Covid
Why is my actual loss higher than the day loss in leverage ETF?
What do you guys think? SQQQ and TLT?
Can SQQQ do a reverse stock split if lets say Nasdaq fall it its Covid levels?
Looking for some advice on long SQQQ & HXD position?
We are about to experience another Bear market
Most people would be fine trading just tqqq and sqqq
I think I have enough karma to post my early AM 🌈 🐻 play (from Monday)
Am i stupid for dumping over $15k betting against the market?
If I wanted to short $NFLX through EOY, are buying puts my best bet?
I need some serious help in understanding why SQQQ is at it's price
I bought SQQQ in extended hours last night at 18.89. It opened in premarket at 18.60, but the numbers don't make sense. How?
REgards! Below but Average joe here. This is the first time I am asking advice on what to do with my money here. My CC's just gave me loans.
Can a person invest in SQQQ and TQQQ, using trailing stop losses, to come out ahead in the market?
That's how it looks when you sell atm calls on the sqqq
Me simple Ape. Need learning from smart Apes.
Do I qualify to be featured in a WallStreetBets-type YouTube video? 😂😂😂
Do I qualify to be featured in a WallStreetBets-type YouTube video? 😂😂😂
Are there inverse ETFs that are meant to be held overnight?
How to invest in SQQQ or SDS in Italy?
Are these break-even prices good enough to hold until expiration?
65 portfolio swing today from way down to the upside. 18k > 28k > 39k 1 week.
You are really just gambling if you’re buying calls right now.
It ain't much but it's honest work...
What I do seems pretty basic and simple… what should I work on or studying, to gain a better edge?
TSLA Calls vanquished my last hope. Had $1k 24 hours ago
Is it smart to buy an ATM LEAP call for SQQQ or UVIX?
Short $TSLA Position + Naked Short Calls + Covered Puts
What is going on with SQQQ and SPXU price
Don't be a fucking idiot with PLTR.
Is Big Tech aka Magnificent 7 EVER Going to Slow Down? How/Why?
I introduced my mother to stocks recently, she then proceeds to hold SQQQ for the past four months, losing $500k and counting
Got absolutely wrecked by SQQQ calls, does anyone think there’s a chance qqq drops significantly tomorrow?
What do you think of the following bits of information and how they will probably/eventually relate to the stock market?
What will happen to SQQQ in the event that short selling is banned?
Buy SQQQ calls Monday morning and plan to sell once sqqq touches 30
So Amazon reports after close today 4/27/2023 what's it gonna be?
2023-04-27 Wrinkle Brain Plays - In the style of Velma Dinkley
Public Trading Operations for Next Week (4.24-4.28):
Crayon Drawings for Impending Sell Off
Public Operations for Next Week (4.17-4.21)
Crayon eating journey with my day trading retirement account (Roth IRA) from 7/22 to 3/23
What stocks to buy if I believe residential and commercial real estate is about to go into another 2008 scenario
Next week's trading (4.10-4.14) + how to deal with oil production cuts
Is it better to purchase puts for $TQQQ or calls for $SQQQ if you are bearish on $QQQ?
Mentions
I went to the dark side about 10 days ago. Moved some $ into an inverse 3x ETF. Annual range of this ETF was $7.60 to $25. Up about $10k in two weeks. EFT closed at $8 for the week. What’s interesting about this trade is that if history repeats itself and the stock mirrors last year’s results of a high of $25, it will return a gross profit of $250k+ If I get greedy and add more shares to my position or the stock goes into the 30’s, the potential reward will climb significantly. I like this trade a lot because our president is trashing our economy and this trade thrives on negative sentiment/stimulus. There’s a variety of negative ticker symbols available for people to choose from like SQQQ etc but I choose mine because the cost of entry is minimal, and even without the “trump” effect, the market is definitely biased against a long position.
TQQQ and SQQQ are a scary leveraged asset to hold -- I used to trade these often years ago but it just wasn't worth the sleep loss and never knowing if they would swing at the open +/- 10%
5% - BITI 5% - BOIL 5% - UVXY That’s how I am hedging now. A lot of the UVXY I got at $10.40 a couple weeks ago. Boil is an undervalued commodity - natural gas. Biti shorts btc. You could get some SQQQ too but that has less chance of winning and is too leveraged to keep more than a few days.
You’re very welcome. Yeah the timezone is a pain, but also forces me to be disciplined. The US market shouldn’t be doing what it’s doing, based on the actions of the current administration. Who knows where it will end, but it won’t end well. I’m now concentrating on the call side more than the puts, I’m now at around 10% cash and looking to get to around 30% over the next month or two. I also have some hedge contracts in place on SQQQ which will protect around 25% of the remaining portfolio in case of a market crash. I’ll continue with options right the way through, but honestly the senses are tingling right now haha. I’ve been sitting on 20% cash in my four fund portfolio (using JAAA to squeeze a bit of yield) but remain 100% invested in the dividend account. All have margin available for after whatever crash happens. I’m too close to retirement to be taking more risk than that. It’s been a fantastic year, I’m up over 35% across all accounts so I’m being super cautious from here for a while. Watch then, as the market continues to rip up another 25%!
SQQQ is already inversely correlated. Think it’s a triple leveraged inverse ETF Someone correct me if I’m wrong.
My reaction was based on him characterizing it as the macho investment to make, I googled SQQQ but I'm not particularly familiar with how it works, ty for explaining.
Buy SQQQ if you want some hair on your chest
And I'm not scared of an AI bubble, do I just short SQQQ? \^/s
On down days I look at SQQQ to see what the market is doing. It’s tricking my brain into thinking it’s all not that bad
back in jan 2020, i had SQQQ at around 15 USD i think. then during the very early days of covid, it went up to 40 USD. of course, i sold it already cause i already doubled it. but had i held it for three more weeks, it went to as high as 800 USD i think. that was the covid lockdown crash. i placed around 2000 USD worth when it was at 15. i probably would have been set for the next 5 years if i held on for that once in a lifetime moment 🫠😭 of course, hindsight is useless in this case and i very likely would never had sold it at 800 even if i could go back in time also, that cant be seen in the charts anymore because SQQQ have gone down so much that they had to keep stock splitting so many times. that's why the chart right now wont show the actual value at that time as it has already been adjusted for current price now
You saying I was wrong to full port SQQQ 0DTE calls??
I noticed volatility picking up throughout the week so picked up some UVXY, SPXS, and SQQQ weekly calls. Will sell the rest of them today and pick up a few shares of VTI to hold for the long term. Only long term options I have are UUP puts. Not sure what next week will bring.
SQQQ if you’re scared AI is a bubble
Anyone else load up on SQQQ?
MAGQ specifically is inverse mag7. SQQQ is 3x levered short NAS-100. Thing to note about inverse ETFs. High high fees and NAV decay guarantee a negative rate of return if held for the long term. Also just generally, PE ratio means very little these days as it doesn’t factor in the hyper growth aspects of (relatively) newer companies.
Volatility decay would be a great reason to not hold TQQQ or SQQQ for a long term.
Yep. It’s basically income trading. Hopefully I’ll be able to live completely off this strategy within the next 5 years. I was hedging this strategy by buying weekly SQQQ calls because on a down day SQQQ would go up triple what QQQ drops, but I haven’t been doing this for a few months because QQQ has been a rocketship. Hedging is a double edged sword. It’s great when your main position drops, but it cuts into your money when the market is booming.
Change the $SGOV position with $TLT and my port is weighted pretty similar along with a 25% weight in $PHYS (Gold). I do have a pretty big 10% $SQQQ position right now. But I am not betting the farm on retail's insatiable love to buy AI bubbles regardless of price.
when VIX outpaces SQQQ you know you're fucked
Yep sold SQQQ way too early!!
Added to $SQQQ and opened a short $NVDA ETF.
The first taste is free. I give it two weeks and he'll be behind the dumpster at Wendy's giving handies for 0DTE on SQQQ.
When you get to around 50k you can sling TQQQ/SQQQ in a margin account and make like $350-$500 a day on a few solid trades. It doesn’t sounds like much but if you can get to 4 wins per loss, you’ll make $1k a week. That doubles your money in a year and with a LOT less risk than you’re taking recently.
Ditto. I recently picked up a few k in SQQQ. Even if we don't have a full blown AI bubble burst we'll at least have a couple corrections / pullbacks to cash it out in. Buy TQQQ or something similar on the dip, recycle.
I bought SQQQ at the top today and sold tqqq yesterday at the bottom. Wtf am I doing😭😭😭😭
It’s all a fucking gamble lol. We’re in a bubble, can’t wait for the pop. I’m hedged in SQQQ for when that happens.
Got SQQQ today. Feel like we dumping Tomm and Friday
Ok, so just out of curiosity I looked it up. ATM TQQQ puts for 01/21/2028 are $35.95 vs. SQQQ calls are $6.15 The bid/ask spread on SQQQ is definitely way worse so the lack of liquidity might be an issue when it was time to sell. The other thing you could do is just straight buy shares of SQQQ and sell covered calls on it while the bubble continues to go, when you feel like it’s near time stop selling calls or set the price a lot higher. You’d be hedging while making income and the shares wouldn’t expire if the bubble continues longer than you planned.
I nearly sold all my $SQQQ shares at open as I wanted out with a close above 603 on the $QQQ. Now this volatility is making me want to let's let it ride. There is more upside than downside betting against this insanity.
the best way is buy SQQQ but you lose triple what ever big tech goes up but you gain triple it falls. problem is you never know when the qqqs will drop
Well now you know! If you think tech bubble will burst SQQQ is great investment. Also, if you own SPY or VOO and are anxious about how tech heavy they are, you can own a little SQQQ as an insurance policy in case of bubble burst.
Uh, Inverse leveraged etf....if tech goes up SQQQ goes down
So I bought a tech heavy SQQQ and just checked and I lost most of my money but news is saying the market is at an all time high :(
Im balls deep in SQQQ calls, how fukt am I
Puts on TQQQ or Calls on SQQQ should do the job date them out as long as you can.
Alright. I did it. Sleeping good tonight with my full port SQQQ shares. We might not fall this week, but it’s coming. 🍂🍁
This is actually regarded advice… DCA into SQQQ.
I've tried trading SQQQ options and there just isn't enough volume to justify doing that.
Buy SQQQ and then buy puts to hedge your SQQQ cause SQQQ is a big loser 97.3% of the time.. I just made that up, but it seems accurate.
I mean, you could just put 25% in SQQQ.... at least if the bubble pops, you got some money.... trying to time this downfall going to be hard.
I don't know why I upvoted this sane answer when I can just scroll down for calls on SQQQ
-20% day before Nov 21st. Position SQQQ 20c
i picked up $7k worth of SQQQ midday when it was very close to $15
Trade war just starting up again get ready with the volatility I’m slowly adding SQQQ while still buying BRK.B + MKL but SQQQ to hedge when the drop comes
Calls on SQQQ are cheap. Buy leaps and sell them when it dunks.
I'm watching $QQQ around 602.68 as possible resistance going back to 9/22 and support around 588.82 going back to 9/17. Until then I am trading the $SQQQ b/w those price levels. If we get a close above 603 on the $QQQ I will sell and just take the L. I enjoy taking relatively easy singles over swinging for the fences looking for the potential HR.
I bought puts today…on SQQQ…inverse bear is a bull
“I can’t wait for the market to open, I’ll just buy SQQQ now!”
Just put half my pile on SQQQ didn't want to wait to buy puts at open
Just put half my pile on SQQQ didn't want to wait to buy puts at open
Just bought some SQQQ to guarantee we reverse now and turn green. You are welcome
It's like buying QQQ calls, but at a smaller scale. And they are weekly, so there is time. They're 3x, so a 1% move would move SQQQ 3%, but the prices kind of factor that in anyway. So it's really just a poor man's call. Cash was unsettled from my Friday's trades, plus I felt we would mostly theta today, so I just kept it on the cheap for the overnight action that I expected. So far, futures are up. My bigger overnight hold are the NAK calls.
Sitting on NAK calls and SQQQ puts. Rest is cash thinks to RH not settling. Probably a good thing too as I probably would have lost it if I could have traded. I'm sure I would have made degen decisions.
I did some SQQQ early March. Along with VIX calls. It’s the only time I’ve shorted a market. Has to be super clear. This was an instance where I felt it was clear
I bought back the shares of $SQQQ I sold at close Friday. I expect a pullback at least to the 50 DMA.
TYVM BTD-ers. You have provided me another buying opportunity to buy back my $SQQQ shares I sold at close Friday. at a 5.5% discount. This sell-off now continues.
Well I hope so because I got SQQQ right at that point lol
You hold the SQQQ for a day or two typically.
Just hoping my $SQQQ puts print
30 days? SQQQ ? It will be at ZERO.
SQQQ or SPXS to hedge downside on Friday could have been a prudent strategy.
Opening shorts on SQQQ is probably a good idea now. S&P futures are up 1.5%, IMO this is probably around how much it will retrace before crashing to lower lows in this upcoming week. The S&P 500 is headed to the 6000 level IMO.
Same. But bought some longer dated puts. also bought some SQQQ puts to balance. Will avg out the longer puts buying some more tomorrow to cash in when Xi says no way jose. This fight is on till Nov 1.
Obviously selling puts on SQQQ as always.
Why don’t you do it yourself ? I bought 1,000 shares of $SQQQ when I got the alert , sold 900 after market kept 100 see what happens tomorrow. Might unload those tonight. Bought calls 2 weeks out
At this point SQQQ is likely a better investment.
Look at the options on index etfs.. VIX calls, if the market goes into sell-off mode, become more valuable. SPY puts do the same if S&P goes down. You can also do option strategies on both QQQ and SQQQ.. if you do a long straddle on either, the biggest risk is if the NASDAQ goes sideways and neither puts or calls become more valuable.. or you could just buy puts on QQQ or calls on SQQQ if you're expecting a correction, and if the correction doesn't come, you're only out the cost of the options, vs however much the etfs move. It is worth noting that SQQQ will move the 3x the inverse of the NASDAQ and QQQ will move in correlation with the NASDAQ.
I am open to hear about better options to short market (Similar to SQQQ). I started buying SQQQ early last week as I believe market need and will correct itself and SQQQ is one way of going short on market. On Friday SQQQ was up 10% and QQQ was down 3.5%. But again let me know your thought about shorting the market and they options of betting on correction.
I made some money Friday off my SQQQ, but it does not cover the previous losses on SQQQ.. I kept buying down until I just couldn't take the losses anymore and cashed out.. I was making the same mistake again last week, waiting for a day like Friday.. but my point is, SQQQ is a bad investment.. zoom out to 5 years and you can see why.. there's better ways to short the market and limit your losses.. if you look at the prospectus, ProShares says holding onto SQQQ overnight is risky.. they also state that if the NASDAQ goes up 33% on any given day, you'll lose everything. Not likely that will happen, but it definitely could, especially off a rebound after a few days of losses like Friday.
I mean theoretically it would be hard to beat QQQ puts or SQQQ in such a case...
You use SQQQ as a hedge to your portfolio. You get leaps and use it as insurance when the market drops.
SQQQ is a levered, inverse ETF of the NASDAQ. TSLA is an I verse ETF of TSLA
Anybody buying SQQQ or TSLQ Monday morning?
Take those earning and buy SQQQ?
Buying SQQQ calls is bearish. You made money because the market dumped. If I’m you I sell those Monday, take profits and reevaluate. Market likely to roar back after the TACO 🌮
3x LETFs how I'm playing them. Buy them at the bottom and profit on TACO without need for leverage which could cause a margin call. TQQQ and SOXL my focus vs bothering with individual stocks such as NVDA or AVGO or AMD or their 2x derivatives. Much easier following a sector then stocks. All traded on cash which means I can exit quickly and just simply buy back in acquiring more shares with same capital waiting on the reversal. Outside of an actual collapse, this gains quick profits without holding an investment exposed to massive drawdowns should market collapse yet at bottom (and there will eventually be a bottom) I just buy more shares and wait on recovery. Meanwhile I switch to SQQQ or SOXS or better yet UVXY and short the sector or SP500. I stay flexible without ever exposing my portfolio to Black Monday like swan events. How I recovered during COVID and Inflation Shock recently.
My calls gonna print Monday ...SQQQ calls
Sorry I was mojitod and forgot to reply Mutual funds fselx/fskax, on Monday I may add some international fund like ftihx cuz I don’t have international exposure and those have dipped a bit. For stonks I own MP, F, SNDK, CRWD, META, SQQQ, IBIT, JD (do not fucking buy this). For options I have calls on gld (395, 12/31), googl (300, 9/16 2026), nvda (195, 1/16 2026). Then I just have some money parked in two cd cuz the rate like 4.3%. Roth entirely in target date fund (ffijx) cuz I’m not playing w my retirement lmao. To put into context about half my brokerage is mutual funds that I still dca into monthly or more during clifford