ProShares UltraPro QQQ
Question: What is the highest leverage way to bet on NDX/NQ/QQQ?
can someone explain to me why holding a 3x leveraged stock long term is bad and can lead to losses?
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Public Trading Operations for Next Week (4.24-4.28):
BULZ / FNGU / TQQQ recommendations please
Public Operations for Next Week (4.17-4.21)
How would you invest 1,000 today
Crayon eating journey with my day trading retirement account (Roth IRA) from 7/22 to 3/23
Next week's trading (4.10-4.14) + how to deal with oil production cuts
For the short-terms gamblers, my unreliable trade plan:
Is it better to purchase puts for $TQQQ or calls for $SQQQ if you are bearish on $QQQ?
Next week's public operation (4.3-4.7)
Are there leveraged ETFs that are safe to hold long-term?
Being short -100% SQQQ is nowhere near equivalent to long 100% TQQQ.
[2023.03.24 US Intraday, Swing Trading - Pre-Market Strategy Analysis] Nasdaq
2023-03-20 Wrinkle-brain Plays (Mathematically derived options plays)
The FED & Central Banks just confirmed a Melt Up with the Bailout of Credit Suisse today - Save This Post!
The FED & Central Banks just confirmed a melt up with Credit Suisse bailout today
What causes the disparity between IV for QQQ and SQQQ/TQQQ ETFs?
What advice would you give someone who wants to invest everything in just TQQQ?
Risk assessed trading on the NASDAQ at the beginning of a new 2023 bull market.
Risk assessed trading on the NASDAQ at the beginning of a new 2023 bull market.
Risk assessed trading on the NASDAQ at the beginning of a new 2023 bull market.
Some old loss porn I was too pissed to post. TQQQ puts. Got greedy and held them too long. Dont be me.
ETPs - LEVERAGED/INVERSE PRODUCTS ACKNOWLEDGMENT
I have read equal amounts of regarded Bear and Bull thesiseaze. You regards have left me with no inverse but my own. Find at bottom.
Big But Volatile Tickers? - Examples like TSLA, TQQQ, Etc..
Can y'all critique my portfolio? From 3-fund to more risky 5-fund
Leveraged ETF for emerging markets? In the past decade TQQQ was a good play. I'd like to 3x EM for the coming one.
Sooo, do I have a method or no, probably not?
Tip: Don't bet on black and red at the same time.
Sold 20 Puts Against TQQQ at $15.5 Strike Price Expiring Mar 3.
Will TQQQ get past 24 this next month?
Pennystocks are back - MULN, CENN, MARA, PRTY ??
In my opinion, I see the market going up during the next months. Especially those beaten down tech stocks.
botton is in for FAANG guy.!! TQQQ will rally on earnings!!
Not sure if I should delta neutral hedge my position.
Brother has signed up for a class to "make millions" off TQQQ/SQQQ
Why does everyone hate on TQQQ long term investing?
Ending Age-Old Investment Arguments
Why are leveraged index-tracking ETFs poor long-term investments?
Anyone else see this upcoming week [12/19 through 12/23] a rebound in the market?
TQQQ (3x leveraged QQQ) is up less than the QQQ over the passed 5 years. Can someone explain how that works?
Just simple-ass covered calls against a losing position. 10% gain in 1 month.
Market Makers shaking out confused traders
What to Buy If I'm Expecting a Crash?
What is everyone’s opinion on 3x leveraged bull ETFs?
I asked the ChatGPT if I should buy or sell TQQQ… Booooo👎
Why isn't everyone loading up on TQQQ?
Trying to make money off of TQQQ and SQQQ by balancing them with an algorithm
Trying to make money off of TQQQ and SQQQ by balancing them with an algorithm Technical Analysis
But my TQQQ puts are now worthless. What are you trying to tell me?
I started losing it when u said TQQQ on margin 💀. Such a goober move.
I DCAd all of last year on big tech and TQQQ and literally everyone here called me a regard. Who’s the regard now, regard?
Your M.O. is The Wheel, so it makes sense in your approach and you also look to get the Short Call and stock called away, but I am not. I am wanting to hold my stock indefinitely. In this method, I am primarily focused on growing shares when the price drops by closing out the Short Call and Long Put, while keeping the stock, and then ploughing those proceeds back into buying more stock at the lower price point. It's a "Share factory" based on the idea that long term the TQQQ will rise regardless, and the value comes from increasing shares at the lower price points. That is the theory (there is more detail in the link I added into the OP edit, where ricepiratetrader provides a Googlesheet tracking him doing this with AAPL in 2016) I am less concerned about making big gains on the price rise now, so long as I am making okay gains, which I am (I've locked in +2% since opening the trade on 19th May). It may end up being counter-intuitive in a bull market, but I believe we are in a bear market rally. My question was really whether I would lose minimally more to roll the Short Call after it is further ITM, or to just stick to the Delta 50 as my roll trigger. Given everything everyone has shared so far, I think its clear that I will stick to rolling it up when it hits Delta 50 in most cases.
Laser eyes for TQQQ to $100.
me with half my money in TQQQ straddles ![img](emote|t5_2th52|4258)![img](emote|t5_2th52|4259)![img](emote|t5_2th52|4276)
nope TQQQ Calls will always print
No no no hear me out here..... Life savings in TQQQ 0DTE OTM Calls on margin
Can you explain a little more on why TQQQ? I mean it’s 3X leveraged and if we have a recession TQQQ could easily collapse below $5 we’ll into not only 2024 but also 2025…
Understandable, but I think going long TQQQ is still the play. Way too much bearish sentiment from retail. I think the Tech rally will continue throughout the summer.
VIX being this low doesn’t make me want to go TQQQ
Honestly, TQQQ is still the play. Still tons of cash sitting on the sideline, and with a possible fed pause next week. We are looking at a bullish summer.
Anyone have any opinions on entering a poor man’s covered call on TQQQ. I’m feeling like it’s a good time to go long on QQQ and a PMC’s on QQQ isn’t feasible for my account. Looking at 17Jan25 $30 call then just your normal short 20 delta call
I got 1000 TQQQ at $16 and I just buy otm tech weeklies idk wtf you’re doing
I’m holding 1000 TQQQ I got at $16 I’m bored
Why are people betting on SPY when TQQQ is the exact sam, but cheaper![img](emote|t5_2th52|4271)
TQQQ infinite money glitch
yes, the last point is something I was wondering. I was going for monthly expiry dates and looking to re-enter each new month at about 5% either side of the price. I was also wondering if doing this on TQQQ is too expensive to make it worth while. I have had to do a lot more rolling than expected, but then it has helped me learn about the quirks of the collar trade so its been worth it so far.
Honestly I think this rally goes on a few more weeks as more ATH fall. Only once the last bear has capitulated and FOMO’d his final play into TQQQ calls will the market implode.
Why go cash gang when you can just buy both SQQQ and TQQQ and never lose money Big brain shit
i bought TQQQ calls..... have faith, stocks only go up
I think it's quite a good call, no? \> It's risky, but if you really don't need the capital for 5-10 and you're sure you're not going to panic sell it's probably not the worst play. I still hold that position and I was a decent call. \> With more risk you want more certainty and while tech valuations are relatively cheap by recent standards, they're still not "holy crap, I need to buy right now" cheap. I think that's about right. Tech got cheap, but it was still quite pricey. In hindsight buying TQQQ in Dec worked out, but that's largely been a product of the AI craze and improvements in global liquidity. From a risk/reward perspective I don't think TQQQ was the best gamble to take, although clearly this time it paid. \> If the TQQQ runs up significantly over the course of a year you really should be taking profits and rotating into safer positions or you risk holding it through a 2022 type event and destroying the majority of your gains. Absolutely agree with this. If the dude brought TQQQ in Dec I hope to god he's selling out of it now and rotating into something safer.
Sticking with SPXL or moved over to TQQQ? Long is definitely the play but curious where the best bang will be at this point.
Leveraged tech ETFs: SOXL and TQQQ also: DPST, NAIL, and BRPHF
Loaded up on TQQQ $37p weeklies during this mid-day pump. I'm holding through till eod Friday. Where my fellow bears at??
Still lost money with TQQQ somehow
Imagine not putting your entire portfolio into TQQQ calls. Easier money I ever made. Poor bears having sleep for dinner 😔
Thank you for sharing. I could care less about the nay sayers. Paying attention to them has lost me money. My strategy is very similar to yours and has made me consistent returns for 2 years now. I've been fortunate to get 100% return over the last 2 years. I sell CSP's ATM or just below. These are generally stocks I would want to hold anyways if I got assigned. My recent plays have been Selling weekly 2.50 Puts on BOIL. They go for .13 and if they exercise I don't wheel it with a CC, I sell at any price above 2.50 then immediately roll another CSP on it for 2.50 again. This has been getting me 10% a week lately. Selling weekly CSP's on ANET. Great company. Great numbers. I used to work at Cisco so I know allot of the technologies they are using and are developing so their future looks great. And leadership is great. CSP's slightly OOM (.35 delta) and they mostly expire worthless but when they do get assigned I wheel em. Getting roughly 2% a week here. Selling weekly CSP's OOM for SHOP. Haven't had one exercise yet. Been pretty consistent 1-2% per week last few weeks. SHOP has great numbers. I'd hold them anyway if assigned or sell at any profit like BOIL and continue CSPs Selling weekly CSP's on CCL. CCL is like BOIL for me also. Sell weekly ATM CSP's for 1-2% and if ever exercised hold and sell at any profit above strike then repeat. Possibly wheel it if CC's look good. Sell weekly CSP's on TQQQ and UPRO. Have done thus last few weeks for a sub 1% premium but I'm chilling on that for a bit as I believe we are due for a correction. Other pkays look safer.
Buying and selling TQQQ weekly is a cheat code now
Sold my TQQQ . Locked in 42% profits
USO opened at $65.40 at 9:30am, now it is $64..44. TQQQ is up 114% YTD.
Nope. Sell them puts and YOLO into TQQQ calls
YOLO into TQQQ straddle. Up down I don't care 😘
So buy SPY and QQQ OR TQQQ (if you are feeling frisky)?
You should park your money at 5% Then DCA 25,000 each month for the next 18 month - which should cover the upcoming recession. Buy QQQ or TQQQ (if you want 3x leverage.)
I like the nasdaq this month. Will take profits before the 4th if TQQQ pumps.
Are my TQQQ calls printing tomorrow??
How is TQQQ not free money? It is super volatile being that leveraged. What kind of risk outside of the obvious does it have?
TQQQ for more leverage /s
Do more research on the phenomenon mentioned in the article. It is historically an excellent idea to do the _opposite_. For example, last year TQQQ had net inflows and was destroyed. This year SQQQ has net inflows, and is being obliterated. On the other hand, you probably are better off having your money in the savings account because you are not suited for being in the market.
Just go all in on 1 week otm TQQQ calls
Is it? A collar caps both your upside and your downside, where the married put only caps your downside. WRT to the married put, the other problem is how many times you have to pay for the put. That 0.62 cost gets multiplied by the number of times you roll the put, assuming TQQQ stays level or goes up. At some point, the cost of the insurance may exceed the risk of loss on the shares.
If you chase boring and relatively safe bets try SQQQ, SOXS both with an RSI in the 20’s. If you want to be aggressive QQQ is extremely overbought with an RSI around 76. Also TQQQ is overbought.
If I acquire TQQQ 100 shares at 36.32 and buy a put option of SP 36 at 0.62. What's wrong with this strategy? Basically a textbook married put.
All the Bobby's had to do was TQQQ calls the whole time
I just made about 50% in TQQQ. Sold and bought QQQ. So, I was regretting Thursday and Friday without my triple leverage, but at least im getting 1x while im waiting for my next move.
Why not TQQQ, UPRO or SPXL? These are 3x leveraged funds that probably has around 1% expense ratio. No need for margins.
I JUST did it with TQQQ. I held it for a long time. Up 6 figures. Then down multiple 6 figures in 2022. This year i finally broke even. And then was up 41k. With the threat of debt ceiling last week. I took profits for once. And from that day on. It has continued to rip. As of Friday. I left an additional 71k on the table. And who knows how much next week. My plan for a correction and rebuy is not working. As far as what I do about it? Nothing. Sit and watch what could have been.
You're right, it's broker offered. There is a visible bid/ask and closed trades, but all the trades are between the broker and customers. Never between two customers. And yes, there is an in-built stop loss level. Interesting to know that this is not legal in the US. Not sure if this is specific to the Nordic exchanges (they are offered to customers in DK, NO and FI as well) or a general European thing. Do you know why it would be illegal in the US? I mean sure it's risky, especially with the higher levels of leverage, but so is TQQQ or GUSH :)
Been there many times! Nowadays I try to get into another position as soon as I exit one. For example, I unloaded TQQQ a couple of weeks ago and started a new position in TNA (small caps bullish X3) right away. My timing was off with tech rallying hard of late but at least I’m still participating in the market rally now that small caps are catching up.
Instead of buying puts I switched out of TQQQ and into TNA (small caps bullish 3X) a couple of weeks ago. Obviously my timing was a bit off as I missed on the recent tech pump but made a decent gain as small caps start popping
No. Decay on these happen when it's a mean reverting, volatile ranged market (fat and flat). If you believe in short term single direction momentum increasing, calls on the respective levered ETFs is far superior mathematically. Puts on TQQQ over QQQ are preferable when you're in a range bound and volatile market.
TQQQ, GME, DOGE, TESLA, anything semiconductor related, gold, I'm sure some of these or all of these have been mentioned. I didn't go threw the comments. Nfa.. If I had 8k that's where it would be. I'm also broke so idk if I'd listen to me. Lol. Best of luck whatever you decide. At 23 your already doing well for yourself! The fact you saved 20k, and have it half invested and not blown on whatever and looking to invest the rest. Smart! Just make sure to do your own research on whatever you decide. Don't just listen to some broke, broken, 40+yo on readit or anywhere else! 🤔
I'm short TQQQ, so I'm expecting a drop this upcoming week. But this market has been crazy.
Lemme guess. TQQQ monthlies and NVDA calls?
Any reason for puts on TQQQ over QQQ? Decay/slippage?
i bought TQQQ calls yesterday. sold today. Only 45% profit is what i call paperhanding on days like this
I am pretty convinced we peak between 4300-4370 then head back down to 3800. My general believe is the downfall starts around mid-july and happens quickly once we realize consumer spending is falling, liquidity is decreasing, and credit is tightening. As the core inflation stays entrench, gas prices stop have such a large impact on CPI YoY, and the AI narrative starts to unravel for the larger market it accelerates downward. Have similar position to that but I hedge it buying TQQQ/UPRO and selling covered calls weekly so I can get back to cash when needed.
You can get greater than 50% ROI doing CSP's. The safest way IMO is only selling way OTM puts (delta -.2 or less) in TQQQ SPXL TNA SOXL and being content with 25-50% gains before you close them out. If you get assigned the stock, you are not risking more than if you were long the same thing.
Buy QQQ, if drops, switch some to QLD, if drops more, move QLD to TQQQ. You can play vertical spread as well in both up or down market.
Just buy TQQQ, SOXL, DPST, NAIL.
I ain't done shit at work today. Slow. All I've done is make bank on TQQQ. Now my SQQQ puts are almost ready to print ![img](emote|t5_2th52|29637)
What are you talking about. All in a 0dte otm TQQQ calls, I'm a genius
QQQ or TQQQ calls right now
TQQQ lfgggg make it happen for me...
All in a 0dte otm TQQQ calls
No way we don't rocket all fucking day. TQQQ calls is the play
I can't buy individual stocks like AAPL, but it doesn't restrict TQQQ lol.
TQQQ bought the Jan25 $25 call option and sold the Jan25 $25 call option for a credit month or so ago around tqqq $22. Only regret is I didn’t buy ten times more
When it's the inflation and rate increases news? I'm wondering when to sell TQQQ... Today, Monday, Tuesday or hold until a red day. It's my first time investing in LETF, a bit nervous.
SQQQ or TQQQ tomorrow. That's the real question.
Exactly, it appears we're in the late cycle of the business cycle. The question is when do we get the recession? Can be up to 2 years later. One thing to be grateful for, is that this is the first real bear market we've had since 2008. I was real stupid not to full port TQQQ back in December. It's crazy to think that the nasdaq drilled harder in this bear market than the covid crash. The signs were all there to buy AND HOLD, but i was a pussy. oh well. either way, this bear market has given a sort of mini reset of the stock market, to let us have one final meth induced meltup before the layoff recession comes much later from now. If SPY can get to that 550 range, that's when all the juice has been squeezed from the bear market recovery. The returns at the initial phase of bear market recovery are a rare treasure, and we're in a lucky spot to be. This is the time to diamond hand. After that, I intend to daytrade cuz i anticipate much more muted returns, if we don't get another bear market from another recession, lol. all bets are off if the money printer turns back on though. LMAO
So, when I was 20, I was making some money (turns out I’m REALLY good at certain things) and my boss’s boss pulled me aside one day and said: “Crazy, you’re making some good money. At your age, you should start investing that money for retirement now. If you look at the numbers of even a small investment today, it will be a retirement in thirty years. AND if you lose it all, you still have a long time to make it back, so take some risks on companies you think will grow.” Well, back in those days, you looked up stock prices in the newspaper and ETFs or index funds hadn’t been invented yet. I invested everything into Microsoft, which worked out well because they came out with something called “windows” some time after that. At your age and apparent success. That $20k will be NOTHING to you in ten years. But you are also just starting out - you might want to settle down and buy a house. Are you investing this conservatively because you are saving up for a down payment on a house? If yes, spread it evenly between qqq and spy and maybe something tied to the DOW. Or are you certain that you want to lock this money away until you are old and grey (gods willing)? If yes, put it into a leveraged index fund like QLD/TQQQ and/or SPUU. There is literally ZERO probability that in 30 years the S&P or the NASDAQ will be down from todays values. Fuck, there is ZERO probability that it will be less than 10x today’s values in 30 years. At your age, the biggest risk I see is the need for a down payment on your first house, which can be very difficult to put together, and investing for the long term might not be the greatest choice if you’re planning on doing that. Once you have established yourself with a home and have visible career growth might be a better time for leveraged investments. Besides that, you’re investing in ducking treasuries. If you talk to some financial people, and you have enough put away to do that, they can probably recommend better investments that’ll have better returns.
TQQQ is a short term play. It is very volatile and resets daily. So holding it long term is generally not a great idea. Hold QQQ long term, not TQQQ. For my TQQQ options Im betting small and seeing if I can repeat the strategy with sublet changes. I got a lot of good advice in this thread. I have a lot to learn. All that being said: run your own race. There is money to be made everywhere and everyday. You have to find it. Learn from others but never FOMO.
If you play shares look up the holdings of FNGU. It’s TQQQ without all the shit nobody cares about.