Reddit Posts
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
At some point here I'll have to take the TQQQ bet off the table and put it into something that tracks without volatility slippage - that last V shaved some 3-6% off the 1M returns, leaving it below ATH while Qs are above. But.... if we have a sustained bull market for longer... it'd really pay to keep holding.
If you want extra leverage, check out TQQQ. Highs are highs, but lows are lows. Careful.
The only thinking keeping me cautious about going balls deep on TQQQ and SOXL is the Nvda earnings report this month.
Should've waited to open my TQQQ CCs... oh, well. $11k isn't bad for a week.
I am warning you fux if markets are green after CPI (pre-market) I will be buying more SSO, more TQQQ, and more NVDX. Given that the NSA agent assigned to me has a direct line to wall street, they will crash the market at the double-top to fuck me. You have been warned.
Oh no, as I said, I’m not really comfortable with any of the positions he had. I’m not as concerned about the TQQQ position as I am about the GBTC position because I’ve been around it and paying attention the the Q’s for a long time—a decent chunk of what my dad grew over the years came from QQQ profits (half the TQQQ shares have a basis of $23.24 for example), but my familiarity/experience with crypto markets is very little by comparison.
I’m sorry but how are you comfortable with that amount of TQQQ and not GBTC..
What's the Delta on TQQQ to avoid assignment or do you get assigned? and you're okay with that
4-6K per month on a 300K account. Selling weekly options on AAPL, MSFT, MAR, TQQQ, GD, AMZN.
I believe you should buy 1/4 of VOO, 2/4 TQQQ and 1/4 SPY. this way you could maintain volability control
If I have around $2000CAD, which one should I buy between the following three? VOO, SPY, TQQQ
Consider TQQQ All the fun of losing your shirt in a downturn, with none of the stress of figuring out what gamble you want to light your capital on fire with next. (Although it'll do well in a bull market)
As someone who did it and 2x their money, do not do it if you cant handle if there is further down turn. It was heart wrenching seeing 50k turn to 20k, I DCA all the way down till the bottom, but my god it is not a pleasant feeling. Many in the r/LETFs and r/TQQQ found out the hard way that they can in fact not handle it the hard way.
I like Spy but I was trying to find the ticker that’s go with Spy like the Q’s . I mean like QQQ and TQQQ
Question I know about QQQ and TQQQ But what’s the ticker for SPY?
TQQQ is a triple leveraged ETF for the upside. There is a polar opposite for the downside.
You guys keep missing the point. All the back calculations of historic TQQQ mean nothing? Do you know why? Because during major drawdowns, these funds **fold** and have to be repackaged a couple of years later as a different product. So, the reason TQQQ looks good is that it has had an incredible run. But you have a Covid type moment for the tech world, and it’ll crash, like 1999 and 2007. Aren’t you all surprised that so many of these fund started in the years after the GFC? That’s because the big levered ones got wiped out due to the volatility and decay of those long bear markets.
Sounds like your saying you should buy TQQQ and rebalance from time to time? Looks like 20% TQQQ 80% VOO does more then 2x better then straight S&P500 https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=76zxQMqUg8kdrmmJevkLvD
TQQQ, cost basis 28.78 not including dividends
Most recent example then! I bought TQQQ at 49 a share on April 19. I sold 59 strike calls to get some more premium while I waited for TQQQ to go up. 5/3 was the last call day. I paid $1 to close to lock in premium and start selling shares. I started selling shares at $56-$59. So $7-$10 profit per share plus the call premiums. If it goes higher, I’ll sell more shares, if it dips, I’ll start selling puts. I’ve also started slow buying some SQQQ.
$TQQQ inflation is coming down. I'm ready to rock Wednesday 😁
I’ve been wheeling TQQQ. It’s great.
TQQQ a a few other 3xETFs. I ability developed a long-term technical analysis system. That does a pretty good job of getting me in and out for the long term trends. MO: I’ve had this one for years and I love the dividend. I wish I could find another stock that was this stable with a 9% dividend.
If you buy after a 30% drawdown and it hits 50%, let's do the math. For maths sake, say QQQ was 100 and drew down to 70. This is when you buy TQQQ. Say you buy $1000 of it. QQQ falls from 70 to 50. That's the 50% drawdown. From 70 to 50 is 28%. Triple-leveraged will be ~89%, so your 1000 will be 110. (This is simplified a bit but roughly accurate). You now need a 9-bagger to break even. In order to go up 9x you need QQQ to 3x, so you need it to hit 150 before you _break even_. So sure, it's good if you think we've already hit the bottom. But if you're catching the falling knife, then you're just begging to be slaughtered.
I just keep buying TQQQ every time it goes down more than 2% in one day. I’m up like 140% in the past 12 months
This. Although the folks at r/TQQQ will vehemently disagree =D
I wheeled TQQQ. Bought 4,000 shares ($57.65), immediately sold 40 CCs for one strike up ($58). And sold 30 CSP @ $57.5. All on Monday morning. Honestly, it was a little sloppy and impatient. I should've trusted in the pump and waited until Tuesday to sell the CCs at $58.5 or $59, even. Port started the week @ $390k, all cash. So, 2.29% gain on a weekly trade.
Exactly this. He should be playing TQQQ or even BITX and their short variants. Will generate a few grand each play and low risk of total loss to theta since eventually the market will come around.
You have $65k to allocate today. TQQQ or SQQQ?
NVDA goes up my TQQQ calls go up
buy 51,737 TQQQ $62 5/10 calls thank me later https://preview.redd.it/um4xny29rgzc1.jpeg?width=893&format=pjpg&auto=webp&s=9e81e1d35ab26dc68887c1a092d9133b325816c5
It's funny you mention this today because I feel like I literally only "learned" this about TQQQ today as I noticed despite me picking the "right direction" the options didnt really move much. Then I think the lightbulb went off in my head that TQQQ probably is best to play options when you think QQQ is in for a giant move. Otherwise I think I learned QQQ is the play when the price gets stuck in a small range.
Yeah I think TQQQ options only really print for me on BIG green/red days. Today I instead got ultra lucky riding momentum down and up on QQQ all day in that 440.5 - 441.5 range and got my port up %14
Somehow TQQQ fucked both puts and calls with strike prices within $1 of the price. I'm not good at this. At least I knew to sell HOOD at open.
technical analysis is astrology, If you’re feeling agressive go for leap calls on any semiconductor company, put a lotta shit into TQQQ. If you want to be one of us, go half & half into the most regarded OTM 0dte calls and half into the most vile, disgusting shitcoin you can find
Whats ment with TQQQ
You are wrong. Check TQQQ and SOXL
What’s the downside of trading SQQQ and TQQQ just starting learning about them seem pretty appealing
DCA TQQQ in small amounts. A mere $100 a month even at the peak of dotcom turns $16k into $450,000+.
When this happens, that's your buy signal. Go all in, leverage yourself to the tits, then wait. I went all in TQQQ when the prayer threads showed up in Jan 2023.
USD or TQQQ are not etfs with "bit of a risk"
Isn't that a leveraged etf. Volatility will systematically cause leveraged cumulative returns to trend towards zero. If QQQ falls 10% one day, then rebounds to its original value the next day (corresponding to a rise of 11.1%), the leveraged movements will be -30% and +33.3%. Compounding -30% and +33.3% gives (1 - 0.30) * (1 + 0.333) = 0.933 = 93.3%. So in this example, QQQ has stayed exactly the same, while TQQQ has lost 6.6%. So in summary, even if QQQ hovers around the same value, TQQQ will keep losing, just because of volatility. The only circumstances where TQQQ would be viable long-term investment is when QQQ has a high ratio of return to volatility for an extended time period.
Isn't that a leveraged etf. Volatility will systematically cause leveraged cumulative returns to trend towards zero. If QQQ falls 10% one day, then rebounds to its original value the next day (corresponding to a rise of 11.1%), the leveraged movements will be -30% and +33.3%. Compounding -30% and +33.3% gives (1 - 0.30) * (1 + 0.333) = 0.933 = 93.3%. So in this example, QQQ has stayed exactly the same, while TQQQ has lost 6.6%. So in summary, even if QQQ hovers around the same value, TQQQ will keep losing, just because of volatility. The only circumstances where TQQQ would be viable long-term investment is when QQQ has a high ratio of return to volatility for an extended time period.
You are going to get rekt in TQQQ if it goes sideways or down. This isn’t a great time to be in something like that historically. https://www.currentmarketvaluation.com/
It's such a funny feeling when you got TQQQ calls for the week and 0dte puts for days like today
I sell weekly put spreads on leveraged funds and generally do quite well. I usually aim for approx. 10% below market price on SOXL, TQQQ with the aim of almost never being assigned. If I am assigned, I usually sell calls at the assigned price until they’re called away. Sometimes I will hold small amounts under the right conditions. I also hold UPRO and UDOW. I dedicate 10% of my portfolio to these trades. Keep in mind that these are risky trades and patience is very important. You cannot blindly sell puts every week and expect to be successful, instead you have to wait for opportunities to present themselves.
I'm an idiot. For some reason, I thought you meant indicators when you said tickers. Brain fart. I'm looking at American Airlines, nvidia, and TQQQ. I rotate between them. Right now, I'm looking at Arcb arcbest Corp.
I'm not using anything. I studied certain stocks and noticed a common trend. For American Airlines and some other stocks for the past year, I noticed AAL stays between $13, occasionally going under 13 into $12 territory to $14s, and sometimes $15 with news like earnings report etc. A week before earnings report, I bought it when it was around 13.40 held for earnings report and noticed it was going down pretty fast right before the market opened due to bad reports (it went up to 14.80 before it tanked) I was able to sell at 14.19 at open than noticed it started consolidating mid 13s so I bought at 13.54 and sold again today. This was in my individual account, but the picture is from my ROTH IRA so I'm just waiting until it goes to low 13s to buy more or I'm waiting until NVIDIA goes down to low 800s and the other one I'm looking at is TQQQ I like to buy when it's low 50s. I do use a stop loss but never had it proc.
Yes, i am very happy with the decision. Found a strategy i really like. Too bad i sold my TQQQ by Dec(TQQQ at 300% gain, excellent performance though ) Right now move on to TNA LEAP, expired 2026 Jan
TQQQ calls are slowly but surely printing
Aapl down 1% while TQQQ up 3.2% is crazy
SQQQ sucks imo. Just do QQQ or TQQQ.
I didn’t panic sell. I did however find myself playing Call of Margin 6: Modern Warfare 2. But I switched to even riskier positions that required less money up front (sold my TQQQ bought on margin and bought qqq options, without margin, 2 months out) and broke even. I have now sold and bought back in long term holds that I will not be buying on margin. Lesson learned.
I'm a fan of a leverage overlay if one is using most of capital on CC etfs for income (preferably more than needed monthly so can continue to DCA the leverage) I like FEPI currently (for income with still growth opportunity) with then TQQQ/SOXL overlay. Perpetual DCA of TQQQ/SOXL weekly/monthly while DCAing (after smaller lump sum) into FEPI over about at least a one year time frame Each to their own wrt the percentage split and what their individual risk tolerances are. Imo generally the yearly DCA amount into the leverage component should be an amount you are willing to completely lose in any one year
If you DCA'ed a mere $100 of TQQQ every month from 2000. A mere 16k investment would turn into $400,000+.
TQQQ diagonal collar free money
i just learned TQQQ is a leveraged etf. Then i just learned after that i probably shouldn't have entire portfolio in that.
On the off chance this is serious or for anyone else with same issue, just understand you have a gambling problem. That’s what options is, modern mobile gambling. 1700 is just the beginning for many, you’ll keep chasing the loss and eventually you’re down 100k in the hole over a couple a years. Accept that you aren’t lucky enough to hit that mythical 10x bagger, but you can still buy 1-2 weeklies or dailies once in a while. Just treat it as buying lottery ticket and don’t all in your whole portfolio. If you want safer risk return, ride the waves with TQQQ or BITX. If you’re aggressive, maybe even short stints in SQQQ when it’s bouncing off resistance. The main thing is you’re not dying to decay. Even if your timing is a little off, eventually things will turn around to your favor, unlike options where the ride ends very shortly and the house cleans you up.
Hey cool, maybe my TQQQ puts will print!
Quick question … why QQQ and not TQQQ. Or UPRO instead is SPY? Do the “the greeks” favor QQQ or SPY?
Get a payday loan and put it on high IV TQQQ calls and spread your ass with a pry bar. Leverage is fun
MORT and KLIP also add in some TSLY and TQQQ /s lol can anyone say NAV depletion Honestly though maybe SPLG 70%, SLYV 20%, and IDEV 10%?
Shares is easier. I wouldn't do a bunch of 1000c, it's still a bunch of premium. Velocity in your account matters. In fact maybe selling a call or put in a derivative stock could be the play too. To be frank the nasdaq will be the proxy for NVDA for the next week's because other earnings are done. You can run it that way. I personally am scaling in OTM calls. Right now the nasdaq broke above the 9 EMA. I was looking for a golden pocket retracement much higher as a possibility. I have kept my TQQQ OTM puts open and currently down big on them but they are far dated. As long as we stay around the 9 EMA on the nasdaq, I am willing to turn bear or bull on a dime. Put call ratios were elevated so a squeeze was/is possible.
Buy TQQQ and then come back and look at it in 10 or 20 years.
NVDA + TQQQ always rebound fast and consistently.
It’s a common tool for expecting higher premiums across the market. I ran a comparison chart: VIX vs SPY. Overall, there is no such correlation going out 6m. However, the 5d chart on the Daily frequency would give that impression. It’s only happenstance with no evidence this inverse corollary is factual. If you want to see what that looks like in its purest form, compare TQQQ with SQQQ.
Thanks!! Yep, super happy obviously. I had TQQQ shares at a 51.50 average cost I’ve started dumping as well.
I hope all the TQQQ calls I bought makes me happy and not sad
I have discovered TQQQ 
Gonna ride TQQQ just a lil' 
Took profits on TQQQ, I don’t trust Fridays
After this pump for ant. TQQQ down more than 13% from its high last month. Bols already fuked
Need TQQQ to get back to 60
Do daily rebalanced funds like TQQQ or HQU track pre/aftermarket movements as well or just movement during trading hours.
Me with TQQQ calls 
I had SOXL puts, the moment I saw QQQ going to 0.0% and tracing back to 0.4% I knew a pump was coming, sold all my SOXL puts and went in QQQ 0dte and bought TQQQ with all my savings (70k), made 280% banger on 0dte and 3% on TQQQ and sold almost at the very top, I got so damn lucky, love the casino when I make money
How much can I make per month selling covered calls on TQQQ if I own 200 shares realistically?
I'd like to direct your attention to the TQQQ
Ironically TQQQ in some amounts DCAed will outperform all the garbage posted there.
I saw a post there asking if TQQQ was a good value investment 🤡
To all of the people downvoting my switch from SQQQ to TQQQ yesterday at 51.87, best of luck to you 😘
Hi Everyone, Im 23M, making about 80K per year. My end goal is to be Financially Independent by the time I turn 30. After doing some research — I’ve decided that I wanted to have a rather aggressive approach to my Fidelity Accounts. Please offer any advice/criticism on how I plan to divy up my money. I plan to max out my ROTH every year until I reach the income limit. And I plan to invest $15K into my Taxable Brokerage by the end of this year. $25K/year moving forward. (I don’t pay rent, no car expenses besides gas, pretty frugal) Are there other accounts I should be allocating money to? Should I be throwing more into the brokerage account? Roth IRA 40% - QQQM [Invesco Nasdaq 100 ETF] 40% - SPLG [SPDR Portfolio S&P 500 ETF] 10% - GOOGL 10% - TQQQ [ProShares UltraPro QQQ] Tax. Brokerage 70% - GOOGL 30% - SPLG
Hi Everyone, I’m a 23M, making about 80K per year. My end goal is to be Financially Independent by the time I turn 30. After doing some research — I’ve decided that I wanted to have a rather aggressive approach to my Fidelity Accounts. Please offer any advice/criticism on how I plan to divy up my money. I plan to max out my ROTH every year until I reach the income limit. And I plan to invest $15K into my Taxable Brokerage by the end of this year. $25K/year moving forward. (I don’t pay rent, no car expenses besides gas, pretty frugal) Are there other accounts I should be allocating money to? Should I be throwing more into the brokerage account? Roth IRA 40% - QQQM [Invesco Nasdaq 100 ETF] 40% - SPLG [SPDR Portfolio S&P 500 ETF] 10% - GOOGL 10% - TQQQ [ProShares UltraPro QQQ] Tax. Brokerage 70% - GOOGL 30% - SPLG
decided to buy 2 TQQQ calls at $56 for next week. Not much money blown, I figure.
Woah, look at that spike on the QQQ/TQQQ chart