TQQQ

Ok_Ambassador_4311

TQQQ calls for Friday

midhknyght

This actually made me laugh. Nah, I am all-in on TQQQ so I'm really hoping for a green day this Friday.

Street_Mix_7222

TQQQ to be on safer side...

Economy-Owl-5720

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.

D_Pablo67

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.

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.

hairhelp69

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.

AICHEngineer

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.

New_Food2553

just be kirk and buy TQQQ

stories_from_tejas

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.

CamMaxwell

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.

Kirko_Cousins

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.

Captain_TuckFard

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.

katrav86

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

Imaginary_History985

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.

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

tradetofi

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.

mrtrentsd

As of just now $185K Mostly day trading TQQQ, PLTR and NQ futures.

Odd_Log4311

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.

ear2theshell

Here's the catch: https://totalrealreturns.com/s/TQQQ,VGT,QQQ,SPMO,SCHG,VOO,SPY

Impossible_Way7017

TQQQ

weasler7

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.

RealCathieWoods

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.

GlumPomegranate870

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.

midhknyght

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.

midhknyght

YTD TQQQ with dividends would be about 35.9% so I have done well vs. buy and hold.

Prestigious_Meet820

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.

Stocks_N_Bondage

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.

neolobe

I swing trade, and RDDT has been great this year. Will check out TQQQ. Thx

midhknyght

As of today +50.3% across all my accounts (ranging from 28.4-68.8%), almost all from swing trading TQQQ.

stock_dude9

100% allocation to TQQQ calls

Efficient_Carry8646

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.

Efficient_Carry8646

I love TQQQ. Great advice!

rwc5078

Calls with TQQQ? I don't think you get any more leverage with that

Radiant-Size8096

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.....

GreenBud_Hero

Awwe, yeah.. same! Well im buying puts on the TQQQ at 51 dollars strike price 0dte… WITNESS ME!!!

GreenBud_Hero

Im not gonna lie… i really wanna see my favorite stripper, so ima put 200 shorting TQQQ 0dte today….

XXXMrHOLLYWOOD

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

rwc5078

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

AssCrackBandit10

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

dimethylhyperspace

Just closed out my TQQQ and SOXL. I think this is a dead cat meow meow

not-irresponsible

my TQQQ leaps in the mud

bunnibly

Rookie. Go TQQQ puts.

John-AtlasGames

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

bunnibly

I've seen this before; I am not bailing on my Friday exp ATM TQQQ and SPX put hedges.

bunnibly

I've seen this before; I am not bailing on my Friday exp ATM TQQQ and SPX put hedges.

PM_ME_OR_DONT_PM_ME

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

CHL9

I would do IVV/SPLM, QQQM, or SCHG. If there’s a crash in the timeframe you get it I’d scoop TQQQ. 

poopy_wizard132

Time to hold TQQQ?

dimethylhyperspace

Don't worry guys, I finally capitulated my TQQQ. We're gonna rip starting in 20 minutes

tnguyen5057

Bleed stocks bleed until TQQQ is $8 again so I can go all in

PM_ME_OR_DONT_PM_ME

Buying a bit of TQQQ in case Santa shows up tomorrow

TJMBeav

Options on $TQQQ?

Ok-Barracuda39

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.

gmenez97

MIght as well go all QQQ then. Or even TQQQ.

Me-Regarded

Guh, sold a big TQQQ position last night on war news like a fool. Missed out on nice gains. Amateur.

Gorgenapper

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.

UpstairsWest5984

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.

Rare-Competition-248

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

Dazzling-Ad3020

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.

rockandchalkin

TQQQ was never 17 in 2021 but okay

Good_Ride_2508

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.

mechanicalcontrols

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.

Dazzling-Ad3020

Buying the TQQQ for under $17 in 2021.

Gom_KBull

SLV calls DELL puts QQQ puts TQQQ puts TMC calls HYMC calls NFLX calls VIX calls

NOT_MartinShkreli

I miss the old memes about all my homies love TQQQ but that’s some way back shit

Radiant-Size8096

Mondays I sell TQQQ out-of-the-money TQQQ options due Friday. Since April this has been very profitable... I will stop when it does not work any more...

Dazzling-Ad3020

Buying the TQQQ for under $17.

Fhyzikz

Only thing that can fuel the rocket is a tweet canceling all tariffs. Why doesn't 🥭 have the US treasury put it all in TQQQ and then send the tweet to pay off the national debt in 5 minutes? Are they stupid?

DubiousChemistry

Actual advice from a millionaire - sell the entire port and put it in TQQQ (3x daily levered QQQ) while also DCAing into it with your salary. One of the best all-time compounders if you can deal with the variance. You won't be able to mentally settle for safe stuff like VOO right now, and with the incoming fed rate cuts this is a fantastic time to go heavy into it.

Putrid_Leg_1474

Right should have done TQQQ.

Aggressive-Ad-2707

TQQQ. I also aim for 2x on spy using futures and cash holdings

runitup420

Tsla is just TQQQ retarted brother

PipSpirit

Okay, so to summarize, you primarily use TQQQ as your wheel strategy, and sometimes SOXL as a supplement? Can you give us some rough figures for your annual earnings? It's very inspiring to hear that you're trying to double your current salary with this! I have the same goal, but I'm still at the beginning and uncertain.

DitmCalls

No advantage really. Premiums seem juicier at times, likely higher IV. I use SOXL 10% of the time maybe. I have had good results closing early if TQQQ is rising such that my position's delta has dropped nicely and selling again at a higher strike, similar Delta to initial trade. This has doubled my collected premium for the week at times. I'm focused on retiring in a few years and am working with the goal of duplicating my current salary without drawing down the principal. I consistently withdraw my collected premiums to replicate a weekly paycheck. I am using the additional income to pay down debt and ironically fully fund 401k, Roth, HSA.

PipSpirit

Ah, interesting. So, if the TQQQ drops too low, you'd rather sell and get a new allocation through CSP? What advantage do you see with SOXL?

DitmCalls

Win rate- not sure what you want. I wheel TQQQ, keeping Premium each trade. I typically trade weeklies-- open Monday, close Friday or let expire, 5 DTE. Delta for CSPs I keep low, 15-20. Higher for Calls, 20-30.

PipSpirit

Interesting, what's your win rate with TQQQ and what DTE and delta values ​​do you start with?

Accomplished-Dig1100

Thats what I said it should be yolo money. And you might even get struck for 5 years if market is bad. Not more than 10% should be in this strat. But you can make more money if market is revolving at the bottoms. For example if TQQQ down to 18$ and you brought 1597 shares and it went down to 16$ and you brought 2584 shares now due to some bulls it went up to 18$ you gonna sell 90% of 2584 shares and bank 4600$ + 258 shares. And now again it fell to 16$ and then to 14$ and then to 16$ for each fluctuation you make money. the more TQQQ is down and the more it fluctuates the more money you gonna print.

Accomplished-Dig1100

TQQQ follow this startegy. You know fibonacci sequence right? so buy 1 share of TQQQ when it hits 50$ and 1 more at 48, 2 at 46, 3 at 44, 5 at 42, 8 at 40, 13 at 38 and so on. Now sell the 90% of shares brought at +2 price .9 share brought at 50 at 52 and .9(48) share at 50, 1.8(46) at 48, 2.7(44) at 46, 7.2(42) at 44 and so on what you gonna do with 10%? save it till TQQQ hits all time high and sell all of it together. To execute it precisely code it your self on Python with “robin-stocks” package. Other Stocks which you can do the similar is SPYU(2 or 1.5$ intervals as its price moment is slow), SPXL(5$ intervals) Why 3x or 4x leverage? Because QQQ is a very relevant ETF which has high growth potential and its very volatile. It can tank quickly and vice versa. It has to fall when it hits ATH and it has to rise when it hits ATL. timing TQQQ is very hard this fibonacci Sequence buy gives you pretty good DCA. Cons : you need to buy 987 shares @ 18$, 1597 @ 16$, 2584 @ 14$ and 4181 @ 12$. You gonna buy 10945 shares when TQQQ drops from 50$ to 12$. Now look at the weighted average so you gonna buy 10945 shares @ 18$ on average which sums upto 200k$ I did this using 22k (brought .1 shares instead of 1 share and subsequently divide all finonacci numbers by 10 and made roughly 32400$ selling 80% shares at 2$ high and remaining 20% at ATH @110 ) april this year before TQQQ split on 5$ interval starting from 100$. I wanna do this on 10x scale as I am doing it on .1 scale.

DitmCalls

I mainly trade TQQQ. Sometimes SOXL. Wheeling for income after ULTY revealed itself to be utter garbage. CSPs on SPY and QQQ require too much cash reserves.

PipSpirit

What about TQQQ? Does anyone trade here? There are some nice rewards too.

awake-ai

That’s very sensible advice. OTM calls on TQQQ

antelope591

At this point im just getting TQQQ if theres a bigger dip. The narrative around individual stocks changes every other day, picking individual winners in this environment is basically impossible.

movienight1988

VOO, if you have some balls TQQQ.

CherryRoutine9397

TQQQ is a leveraged trading tool, not a buy and hold investment. The leverage resets daily, so volatility drag kills returns over long periods. It looks amazing in strong bull runs, but one bad year can wipe out years of gains. In 2022 it dropped around 80 percent while QQQ was down far less. If you’re investing long term and adding regularly, QQQ gives you the growth without the structural risk. TQQQ only really makes sense for short term bets when you’re confident about direction and can manage risk actively. For most people, most of the time, QQQ wins just by letting compounding do its job.

sirzoop

I would go for QQQ personally but the math suggests TQQQ is better despite convention wisdom saying it shouldn’t be. Somewhat related im a big fan of this TQQQ for the long term symphony but its different than just holding QQQ/TQQQ it trades in and out of short positions/volatility as well: https://app.composer.trade/symphony/eZUUQti4WC4WNd5Jb2Yv/details

_WhatchaDoin_

It’s easy. Invest in TQQQ after a big crash in QQQ, right at the bottom, and before QQQ jumps back up to the sky.

Rav_3d

In 2022 TQQQ went down 80%.

AICHEngineer

Some of us were alive and watching the great recession unfold in 2008. Hopefully you werent planning on having your million dollars in TQQQ then as you DCA'd through the aughts. Cause you'd be back to work during the highest unemployment in living memory.

SPQR0027

TQQQ's loss is SQQQ's gain.

CEOWatcher

If the next ten years are like the last ten years, then TQQQ should be just fine (though you'll have to ride out multiple 60%+ drawdowns). However, if the Nasdaq loses any strength, you will just be amplifying your underperformance

Baydreams

TQQQ didn’t exist in 2000 so…..

cannythecat

If you bought TQQQ at the top in 2000 you would have never made your money back even today 🤌 LMAO

AICHEngineer

https://testfol.io/?s=k13YlLSXT2X Here ya go! Im saving 5k/mo separate from my IRA/401k/HSA money, so I figured "what if I dca that 5k into TQQQ with our earliest available data?" So follow the link. 5k/mo into 3 hypotheticals. The S&P500, TQQQ, and a leveraged hedged multistrat port of 25/25/20/20/10 TQQQ/Long term treasures/managed futures/intl small cap value/GDE (90/90 SPY/Gold) Over this time period youve contributed $860,000. TQQQ DCA strat ends with 164k in April 2009. S&P500 end with $869k. Levered multi-strat ends with $2,029,616.

R-3-D

All I’m reading is - I’m not going to do a DCA simulation with TQQQ because I’m wrong.

AICHEngineer

Youre describing a situation ex-post which required the injection of much more money after the drawdown. Had you actually had significant capital *pre-crash* but you had a different hedged allocation through the crash and then switched to dca into 3x you'd be extremely more rich now. But if you had had significant capital pre-crash but were 100% TQQQ youd be in about the same spot you are now.

Gloobloomoo

Wear if you just bought and held QQQ or TQQQ from 2000

AICHEngineer

"bUt dCa" THATS SO STUPID Literally braindead. If you had a million bucks to allocate to a strategy and buy TQQQ and decide to DCA, you still lose the entire TQQQ investment inevitably to a 99% drawdown if you dont have diversifiers or a tactical strat. Such a stupid braindead argument