Reddit Posts
Tomorrow’s play TQQQ 400 60 puts (4/11) and TSLA 280 puts (4/11)
TQQQ 2/2 59c position already making moves before tomorrow’s announcements
Leveraged ETF’s am i just not understanding something?
Sold $1,900,000 of TQQQ at open of Jan 2024
1256 - Reporting unrealized losses for Covered Calls that remain open?
Anyone in the know about Mission Square retirement(MSQ)?
$1k->$1Million in a Year. Month 1, Week 1
If I'm bullish on the future what's the point in holding VOO? Shouldn't I just get TQQQ and hold long term?
30 year old. What's got the greatest possible potential for returns? TQQQ?
What should I understand about futures contract expiration dates when using futures for long-term leverage?
Honestly, all fun and games asides.. anyone else staying calm and holding their TQQQ/QQQ Options?
TQQQ is more suitable for shorter term active trading as it seeks 3x the returns for QQQ.
Is There Something Wrong with Yahoo! Finance?
TQQQ 10 year return is 1,822%. 10 Year NASDAQ is 258%. I though holding levered funds long term was bad????
How over past 10 yrs has TQQQ returned 20X vs QQQ of 5X ?
How does 3x ETF like SOXL and TQQQ work? What are the hidden costs behind the so-called 3x leverage?
what's the point of tlt if it's just as volatile as stocks
Most people would be fine trading just tqqq and sqqq
A Real World Experiment with ChatGPT-generated portfolios – An Update
A Real World Experiment with ChatGPT-generated portfolios – An Update
i got BLUE BALLS because the market isn't crashing
$EPAZ Drone Subsidiary ZenaDrone Secures Funding
Why is TQQQ / UPRO not considered a good long term investment?
If the market always goes up, why not only buy TQQQ and leveraged market funds instead of SPY
Criticize my buying puts till assignment then selling covered calls strategy?
TQQQ 200k all-in. Hello darkness, my old friend
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?
Anyone here successfully "timed the market" in last 10+ years by trusting Fed? I'd appreciate thoughts of successful investors/traders
Does option pricing reflect the drag and volatility leveraged ETFs?
Question about short covering and selling puts
Ameritrade is claiming I missed a $70k run up last week
Is it possible for a broker to not be able to cover short mark?
Do I qualify to be featured in a WallStreetBets-type YouTube video? 😂😂😂
Do I qualify to be featured in a WallStreetBets-type YouTube video? 😂😂😂
Does using a CSP for entry into a stock really make sense?
Are these break-even prices good enough to hold until expiration?
Roast or toast my options strategy, a collar with a leveraged twist
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?
Some good ol' ETF investing. +$400K on TQQQ
Partially Filled lots on same order counted as different tax lots - Robinhood
Mentions
Buy calls for the January pump Sell those at next ATH Sit on your goddamn hands and wait for a 5%+ retracement in Q1 All in on SPXL/TQQQ for an easy +25% year Ok let's do that markets, please and thank you in advance for 2026
QQQ calls and TQQQ long at close on Wednesday was free money
I was trying to warn you 2 years early. TQQQ is going to drop 99%. Doesn't matter if you sold two years ago, you will still be way better off then those who are about to lose 99%
You've been saying this for 2 years. Why hasn't it happened yet? 2 years ago you said to sell TQQQ. TQQQ is up 82% since you said that.
TQQQ was my best play this year. Now I am just waiting for fake gold to bump
Any of you retards have solid advice for me? I was looking to consistently buy VUG but i was looking at TQQQ and it has outperformed way more for a long time. Ik TQQQ is a leveraged etf but why not buy it like the s&p?
Greed gets the best of us. My advice: Do not scale up. If you trade SPW or SPY do not scale up to SPX. Buy a bunch of /mes instead of using /es. If you trade TQQQ/SQQQ or SPXL/SPXS do not scale up to options. Take that first $100,000 and never touch it again. Have two brokers or three preferably. You can recover because you are 6 feet above ground.
TQQQ just jumped off of a cliff lol
If my TQQQ puts print can i start a substack and post regarded rants for money
I take my chill pill when I went from 10k to 30k then back to 10. Wasn’t even options just TQQQ
I regret not full-porting TQQQ and NVDA every day since then
Whether I think it’s a good idea or not is irrelevant, you do you my friend. If it fits within your trading plan then give it a try. Many people I follow also do spreads to define the risk and reduce the margin required, but your premium obviously decreases as well. TQQQ and other leveraged ETFs are not generally a buy-and-hold, even though the Kelly Letter gang will tell you otherwise. Great in upward trends, not so good in sideways or downward trends.
lol yea will do. Sounds like you think it is an okay idea? I understand that marketconditions change and you have to be nimble. It comes down to risk and reward. Also willing to hold the ES a while if thats feasable. I was looking into TQQQ too which I would like to hold.
Sell my TQQQ when there is a window of opportunity. Increase my gold ETF allocation.
betting is how you eventually loose so dont bet …..invest in high probability investments….if thats too boring and u need risk purchase TQQQ shares for the rest of your life non stop and you will win
Yep… just all in TQQQ beats the market all the time… well in a bull market 😅
I've got $25k in an account and I'm down 10%. Don't ask but I have $15k of Costco and $10k of NVDA. Thinking of switching this all to TQQQ and checking back in 6 months. Simple and still a good chance of getting my $3k back. Thoughts?
Up 40% in my Roth primarily due to RDDT , URA, and TQQQ/SPXL. At one point was down 11%, but the key is too stick with your convictions(i.e. have been very high on RDDT and uranium). SPXL and TQQQ were more timing plays based on technicals.
Run the scenarios in a spreadsheet and be sure to account for income taxes from your VOO investment when you pull out that $238K or less. You would probably be better off paying your home down some at a faster rate and continuing to invest some. I'd suggest you consider an S&P and Nasdaq index fund ETF. I'd also think you have maxed out all of the possible contributions to tax free vehicles such as 401K's, SEP's, etc. You can beat your mortgage interest rate in the market with index funds fairly easily if you do a little research and you do not need to pay a lot for those funds either. Just buy the QQQ or the TQQQ (3X) and let it ride for the NASDAQ and the SPY for the S&P. There are a lot of products out there that make a good sales pitch, and they perform quite differently, so check carefully. My suggestion would be to be patient and ensure you get your house paid off in 10-15 years and invest heavily.
TQQQ, SOXL calls
I'm up \~300% from buying and holding TQQQ since mid 2020 though so buy and hold performs very well
I'm up \~300% from buying and holding TQQQ since mid 2020 though so buy and hold performs very well
I subscribe to an AI that swing trades the broad market on leveraged ETFs TQQQ/SQQQ and throws money into JAAA when market is at higher risk. Started a little over a year ago. Backtest looked promising, and the real money account results have been good. Can’t complain. https://preview.redd.it/9x3bndw8xu9g1.jpeg?width=1892&format=pjpg&auto=webp&s=6dcbc3d2d172cf6f144d6875308e9d7520ccf0f5
... TQQQ up 400% since this post. The market did not crash in 2023, or 2024, or 2025 really. It begins next week though! u/ryanryans425 03/15/2023 If you are in TQQQ you need to get the f out The market is about to crash extremely rapidly. Everything you own will basically go to 0 over the next month or two. Sell everything now!
No thanks, TQQQ outperforms everything except my other long calls
TQQQ was a worse investment this year than unleveraged copper. lmao
see Jason Kelly..he has a good way to allocate leveraged funds with safety bond funds..TQQQ(60%) with SCHZ(40%) with quarterly rebalancing, buying the shortfall(from bond fund) or selling excess (TQQQ)
AGQ +400% 1Y but equity bulls touch themselves for +27% on TQQQ lmfao
Decay can be overcome by dollar cost averaging. I see too many horror stories about margin call, I am not a fan of playing with other peoples money. Let's say you invest into a solid play but a crash like COVID comes, you would have been toasted. But had you invested into TQQQ that time and averaged down through the dips you would have came out ahead. I don't invest long term into LETFs, I am a swing trader, I am just not the fan of options where you can lose everything if the play doesn't play out in a short amount of time, and not a fan of margin due to potential margin calls. LETFs are risky but it fits my risk profile better, I also never lumpsum in a LETF because decay can hit you hard, DCA can overcome it to an extent.
Original purpose of these 2x, 3x, and 4x etfs are for DAILY trading so a person could get 3x DAILY exposure to say the S&P500 without 3x the money. VOO costs $600. UPRO $120. You have $500 dollars. Before fractional shares you could buy 0shares of VOO. Even with fractional you would only get $500 of max exposure to VOO. With UPRO you should theoretically get $1500 exposure to UPRO (for a day). We've had a near 2 decade bull rally with no real major downturns so folks look at the UPRO/TQQQ charts and think they always go up. Problem is you'd get fucked if you bought PRO on 2000 or 2007. Also vol decay means you'll still lose if the S&P500 goes up but not enough.
you need to revenge trade on margin. you also need to start buying leveraged shares such as TSLL and TQQQ
Buy shares of TQQQ and pray.
TQQQ calls for Friday
This actually made me laugh. Nah, I am all-in on TQQQ so I'm really hoping for a green day this Friday.
Yeah I don’t know why. I read this comment awhile ago about this: “Eli5 version: stocks go down, bonds go up. TQQQ crashes, TMF likely increases. Please note, this is not an immutable law of market physics. Your typical stock sell off corresponds with a "flight to safety." This involves investors selling risky assets, and buying safe assets--treasurys are the safest asset in the world*. When you sell a stock, you don't want to keep it in cash (royal you), so you buy bonds as a safe parking space until the dust settles. As a function of increased demand for bonds (re: more people buying), the price of the existing bonds increase. In addition, fed action typically will decrease the short term lending rates. This also makes existing bonds "more expensive" (re: price goes up). So, if you eschew the TMF portion, where does the ballast come in your portfolio if the market crashes? Remember, a 30% crash in equities is a 90% crash in a 3x leveraged ETF. Someone has the chart that shows subsequent returns required for a recovery. *At the time of this writing” I think the theory is that the markets are down, bonds go up.
Options are best deep in the money (20% or more away from current price) and 60-90 days out. You need to sell the option if there is a significant profit because the correlation to any particular stock is weak. You are really hedging a change in sentiment. If there is a market wide selloff in tech, it will bring down QQQ and TQQQ. Markets overshoot and rebound, so take your profits.
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.
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.
Thanks for the comment. See my edit. I am not allowed to purchase options against the stock directly, but I can purchase options on tech and tech heavy ETFs. Like QQQ, TQQQ, and VGT.
Bro Leverage cost for a 3x LETF is ( EFFR + 0.4% ) × 1.1 swap exposure × 2 points of leverage Current EFFR is 3.64%, so barring further rate cuts, total return equity swaps cost 8.89% APY for UPRO or TQQQ, not 2.5%. This is separate from the 0.91% expense ratio. That being said, I use UPRO in a diversified portfolio of uncorrelated assets, but dont lowball the costs in your planning.
Experts are predicting a 5-15% gain in the S&P 500 with a lot of people calling for a volatile first half of the year I.e. big dip. I’m slowly taking profits going into January and hoping for another big dip befit May and a profitable year with TQQQ after that. Buying the crypto dip as well.
Same here. Been selling CSP for four years with a 25% return through the market ups and downs. Mostly use TQQQ as my preferred ticker and always fairly out of the money (0.8 Delta or so). If the market tanks, I just roll out.
If they're going to run hot and keep cutting, it's time to capitulate. I might get ahead of FOMC on 1/28, but SPY call premiums are jacked. TQQQ and SPXL on next 1% dip before FOMC.
Had a successful practice TQQQ scalp just anticipating a bounce off of a vwap staring from yesterday 9:30 am et around market open and sold for 0.5%. Not much but safe and small wins can add up.
to capture its inefficiencies: daily rebalancing for a start. the same reason why shorting TQQQ is better in some cases or even safer if the short position is very slowly built. The short captures leveraged etf's inefficiencies
The reason your CCs have been making money consistently is cause TQQQ has been in a bull run/ranging. This will not not work in a real bear market.
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
This works until it does not. This is not a consistent strategy. \>>I will stop when it does not work any more. No. it will be too late when you know it does not work. Your TQQQ CSPs will be way too deep ITM and you can't even sell CCs for peanuts.
As of just now $185K Mostly day trading TQQQ, PLTR and NQ futures.
My highest winner for the year is around 50% from swing trading TQQQ as well. Also had a great run with DFEN. Made the mistake of thinking I was smart and been down bad in BOIL for ages. Hoping for the same turn around I had with DFEN.
Here's the catch: https://totalrealreturns.com/s/TQQQ,VGT,QQQ,SPMO,SCHG,VOO,SPY
You only need to look to 2022 to see that triple levered fund like TQQQ underperformed QQQ due to path dependency. However, I think it could work but would require market timing- something I’m terrible at. I ran a triple leveraged strategy in my HSA for like 5 years and found out it wasn’t for me. Not a bad idea to experiment- you will learn things about your own risk tolerance.
Optionistics.com is your friend.. Just play a round with historical option prices. You'll see how wide of swing they take... 100% moves up and down are common place. All you have to do as a trader is buy at the right time (i.e. a blue chip stock that has been beaten down for whatever reason)... NVDA when it dropped to 100... META when they changed their name and dropped to 200's... Tesla is another good one with wide swings. Ive tried it with TQQQ... I think basically a boomer buy and hold strategy could be made with TQQQ with far OTM and deep time options but I havent tried it yet.... Basically the idea is that rather than buying SPY every paycheck - buy LEAPS on TQQQ as far out as a time horizon as possible... if spy and the QQQ gain ~10% per year. The same should be said about the leveraged indexes? The difference is you'd have to be a little choosy about when you buy - due to the decay on leveraged indexes.
Up 107% this year. Mostly TQQQ, SOXL, RIVN, ASTS, RKLB, LUNR, HOOD, BULL, RR, and, AMD. Some I only held for a couple months, others for 8-12 months. Currently holding LUNR, RR, BULL, RKLB. Opened up a 3/26 20C on LUNR recently. See how that shakes out.
I use TA, mostly channels, RSI and gap fills. I tend to exit at the top of the channel, RSI > 70 and sometimes, like this February I got lucky and my instincts said to get the hell out 3 days before the high in Feb (and the bear market that followed). Made lots of money playing gaps in April, even got some TQQQ at $35 (low of the year). Did not anticipate TACO so I stayed mostly in cash during the huge rally with just a few trades so I missed out a lot. I mostly benefited this year from not getting burned Feb-Apr.
YTD TQQQ with dividends would be about 35.9% so I have done well vs. buy and hold.
It's really hard to say over that time span given where we are now valuation wise, I think if you did globally diversified tech it would be a very safe bet and much lower beta. Historically the Q's didn't return anything for like 15 years from 2000 until it began ripping so if you're lump summing there is a risk of underperformance in the long-run, even if you plan to DCA into it after with much smaller contributions. I did DCA TQQQ monthly with 5% of contributions for five years or so years and chickened out and sold at $85ish pre-split when PLTR and MSTR were included in the index and Trump was elected, timed the top at the time but now it's even higher lol. The money became too tempting to take at that point. https://youtu.be/DJdLHEiQCI0?si=_fKP13UG1nG3-Pnh That video was my favourite example, it's a bit older but backtests DCA from 1985.
IMO options on the leveraged ETFs is not appreciably better than equivalent options on the underlying, because the leveraged ETFs are themselves made up of options & futures. For instance, for the January expiry, the ATM strike for QQQ has an IV of 14.6%, but the ATM strike for TQQQ has an IV of 46%. Essentially, about a little less than four of the delta-50 contracts of TQQQ are functionally equivalent to one delta-50 contract of QQQ, and this is including the 3x multiplier, per dollar at risk. So then, instead of buying 4 contracts of TQQQ, buying one contract of QQQ (at the same delta) results in the same 3x return per dollar at risk.
I swing trade, and RDDT has been great this year. Will check out TQQQ. Thx
As of today +50.3% across all my accounts (ranging from 28.4-68.8%), almost all from swing trading TQQQ.
100% allocation to TQQQ calls
Oh. I see. I've done exactly what you are joking about. I loaded up on TQQQ back then. Up 7 figures. I guess I thought it was a good buy. Kinda lucky also. Cheers.
I love TQQQ. Great advice!
Calls with TQQQ? I don't think you get any more leverage with that
since April: every Monday I sold TQQQ out-of-the-money covered calls or cash-covered puts expiring Friday... I made over 1% each week. Sounds too good to be true! I will stop when it does not work any more.....
Awwe, yeah.. same! Well im buying puts on the TQQQ at 51 dollars strike price 0dte… WITNESS ME!!!
Im not gonna lie… i really wanna see my favorite stripper, so ima put 200 shorting TQQQ 0dte today….
QQQM or SPY as a foundation and then maybe research individual stocks with like 10% of your portfolio. You have the most important resource right after money, time. If you want a really strong resilient strategy with massive upside and downside protection take a look at the 200SMA SPY strategy QQQ/TQQQ
I got a new investment idea. Take 10% of your account and put it in tqqq during the dip. Every 2 months (during the dip) buy 10% more TQQQ. After one year you have 60% of your account in TQQQ Then sell 10% when at the highs and buy more TQQQs on the dips No more than 60% total ever investment Ideally (35%-50%) Retire Early
Good looks I wish there was an easier way to switch profitable holdings without getting a huge tax bill. Like this QQQ for QQQM or I have a ton of TQQQ that I would like to swap for QLD or something a bit less risky but I don’t want to pay thousands in capital gains tax. I don’t have nearly enough losses to offset my gains in TQQQ or QQQ
Just closed out my TQQQ and SOXL. I think this is a dead cat meow meow
my TQQQ leaps in the mud
Hey, past me was feeling silly and bought a series of TQQQ calls expiring tomorrow right before market close yesterday! This will be interesting to see at open in a few minutes. https://preview.redd.it/0uapsgh32z7g1.png?width=2118&format=png&auto=webp&s=9e89224a9bdced087707ddd4bf18baac038ebda3
I've seen this before; I am not bailing on my Friday exp ATM TQQQ and SPX put hedges.
I've seen this before; I am not bailing on my Friday exp ATM TQQQ and SPX put hedges.
They're making it way too easy, been buying TQQQ on the bigger red days and there's always at least a small pump afterward, take profits and repeat
I would do IVV/SPLM, QQQM, or SCHG. If there’s a crash in the timeframe you get it I’d scoop TQQQ.
Don't worry guys, I finally capitulated my TQQQ. We're gonna rip starting in 20 minutes
Bleed stocks bleed until TQQQ is $8 again so I can go all in
Buying a bit of TQQQ in case Santa shows up tomorrow
Hmm. If you are sure there is going to be a decent V within the next few days, TQQQ might be the play if you dont want to risk losing it all in options.
MIght as well go all QQQ then. Or even TQQQ.
Guh, sold a big TQQQ position last night on war news like a fool. Missed out on nice gains. Amateur.
TQQQ, and not a small position either. My average was $70, and it fell to $14 ~ $16 in 2022 with -80% in red glaring at me from my trading app. I showed it to someone, and their kneejerk reaction was to tell me to sell it, at least I could recover that last $30k or so. But I diamond handed that bitch for 2 years.
Robinhood is amazing from a UI/UX, speed, execution, and options tools perspective. They have a useful feature/tool called "Simulate my returns" that leverages a slider to show estimated contract price based on the option ticker's % change up or down. I love this feature because it helps me see what % the ticker has to go up or down for me to hit my targeted contract price. For example, if I enter a $TQQQ Call contract for $1 and my profit target is to sell the contract for $1.20 (20% gain), it'll tell me what price the underlying $TQQQ ticker has to increase to in order to get to a contract price of $1.20.
I just flipped my SQQQ to TQQQ ten minutes ago LETS FUCKING GOOOOOO
TQQQ traded under $17 in October 2022 during the peak of the Nasdaq selloff, with its lowest closing prices occurring around October 13–14, 2022. This period coincided with aggressive Fed rate hikes, heavy tech-sector drawdowns, and extreme volatility in leveraged ETFs, making it one of the deepest pullbacks in TQQQ’s post-split price history.
TQQQ was never 17 in 2021 but okay
Forget about what others say ! I had similar experience in 2021, but learnt the big mistake within a months, sold some at loss, removed margin and removed options, use my savings/cash only. Somemore info: Never hold 3x SOXL or TQQQ as buy and hold as they are meant for trading strictly. Buy QQQ or SMH is better for buy/hold. I stricly make it my own rules, no margin, no options, 3x is only for trading, rest are buy/hold/dca. Since then, positive growth for me.
A customer at work gave me gave me $50 today. Once the deposit clears at Schwab I'm gonna buy one share of TQQQ as a treat. If the bubble pops, don't say you weren't warned.