Yes, some patience can pay off. I have some lotto SPY $467P on right now that are doing well. Waited those out when it went to $469.
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Last: 5 hrs ago by Heineken-Ashi
Maybe dumb question, what is the SQQQ and difference from QQQ? is it in inverse correlation?Triple_Bagger said:
Calls on triple leveraged short ETFs (SQQQ & SPXU) might be the play this quarter. I bought ITM calls on SQQQ yesterday which are up 30% today. QQQ will get hit harder by higher interest rates, so I'm sticking with SQQQ for now.
h breakdown on the SPY, losing yesterdays lows, under the 50sma. Yikes
I think Q's are putting in a bottom here. taking some $380 lottos here
bmoochie said:Maybe dumb question, what is the SQQQ and difference from QQQ? is it in inverse correlation?Triple_Bagger said:
Calls on triple leveraged short ETFs (SQQQ & SPXU) might be the play this quarter. I bought ITM calls on SQQQ yesterday which are up 30% today. QQQ will get hit harder by higher interest rates, so I'm sticking with SQQQ for now.
Qs are nasdaq traded tech fund and sq's are the 3x leveraged short.
Wealth gained hastily will dwindle. but whoever gathers little by little will increase it.
Proverbs 13:11
Proverbs 13:11
NDX trying to bottom today. QQQ $375 is the top of the target box and $366 is the bottom.
I expect strong reversal. Should look like a stick save
I expect strong reversal. Should look like a stick save
VIX rising.
Potential (b) wave topping. Hopefully not.McInnis 03 said:
$KR Kroger at all time highs here.
I'm already outmazag08 said:Potential (b) wave topping. Hopefully not.McInnis 03 said:
$KR Kroger at all time highs here.
I have about. $5k on sidelines waiting to jump in. How far down are assuming we go?
I don't think SPY has bottomed if that helps. I'm seeing it to $460, at some point.
SQQQ is 3x short QQQ (gives 3x the inverse of QQQ, so if QQQ goes down 1%, SQQQ goes up 3%)bmoochie said:Maybe dumb question, what is the SQQQ and difference from QQQ? is it in inverse correlation?Triple_Bagger said:
Calls on triple leveraged short ETFs (SQQQ & SPXU) might be the play this quarter. I bought ITM calls on SQQQ yesterday which are up 30% today. QQQ will get hit harder by higher interest rates, so I'm sticking with SQQQ for now.
There's other leveraged ETFs out there but I'm using SQQQ.
If SPY goes lower I'm watching $463 for reversal back up.
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Good to hear! Congrats!Triple_Bagger said:
All of the high dividend plays you mentioned a few months back have been doing great. I put 40% of my account in these (T, VZ, CVX, XOM, MO). All up 10-20%.
To add, I mentioned PDI (another high Div payer) that I would enter the beginning of the year. I sold my tax exempt bonds Jan 3rd and pour all of it into T instead of PDI. I will enter PDI at some point this year, but I thought I had a better return coming with T and I squirreled out.
$ROKU Roku Announces Scott Rosenberg to Step Down as SVP and GM of Platform Business
— Plant (@plantmath1) January 7, 2022
Bad news. He is a good manager. Nothing good happening for the stock lately. https://t.co/PnhFjdmShr
I think it is getting close to bottoming. I think one more flush will do it. My WAG is it gets a downgrade or two released Monday morning for a final puke open to 160 or so. I'd be buying back the shares that I sold about a year ago around 330 (should have sold more haha).
If this post is on the B&I forum, lighten up it's just money!
Disclaimer: I'm not that smart.
Disclaimer: I'm not that smart.
I'm going to lotto some additional SPY. Thinking I can scalp some off the $460P. I see some more downturn today. Looking for a small gain here.
For looking at volume profiles, what timeframes should we look?
I have been operating off of past three months, wondering if this should be shorter or longer.
I have been operating off of past three months, wondering if this should be shorter or longer.
Was thinking about KR puts, but not sure how to account for their buyback program.
Any thoughts?
Any thoughts?
in on sqqq calls
enjoy the forthcoming rip!
enjoy the forthcoming rip!
Seems like I can't do anything right this week. I buy the call, shares drop. I hedge with the put, shares run up. It's like I know exactly what not to do.
There should be no long term buying right now until a base is established and moves to major resistances begin. Buying the dip rarely works, especially if you're in options and you need to be prepared to cut and run if you are buying dips right now. Scalps should be the only thing right now
Of course it was for that. In what universe did you think it was okay to post a naked man spreading open his butt cheeks on our platform?
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Went net free on these, leaving one runner to see if we want to really bounce.BrokeAssAggie said:
I think Q's are putting in a bottom here. taking some $380 lottos here
me too buddy.. me too.Talon2DSO said:
Seems like I can't do anything right this week. I buy the call, shares drop. I hedge with the put, shares run up. It's like I know exactly what not to do.
$381.73 is my next pivot on the QQQs. let's see if we get there.
Buys shares, hedge 50% with a put, make money when the shares run upTalon2DSO said:
Seems like I can't do anything right this week. I buy the call, shares drop. I hedge with the put, shares run up. It's like I know exactly what not to do.
US 10y Treasury now at 1.792.
QQQ likely goes down as this goes up.
QQQ likely goes down as this goes up.
Long term (multi-year) trend line on QQQ will be touched down at 378ish. QQQs can go lower.
Entered $TTD Jan 21 $85 Calls
— 2021 Opportunity Stocks Knock (@oldarmy1) January 7, 2022
NDX / QQQ sure looking like it put in a bottom. I want to see $389 to feel better about it.
FITB having a nice week - like other financials
Someone should warn OA that I'm following on this with a vertical spread. Doomed to fail now...
You still holding on to FUBO, 59?
Come bull pennant!?!? Maybe sorta kinda hahah
stop limit at $48.0 for SAVA hit. Figured it might try to fill the gap back down if it dropped below 49.
I am. Selling covered calls against 1/2 on rips and buying them back under 50 cents on the dipsTxAG#2011 said:
You still holding on to FUBO, 59?
Of course it was for that. In what universe did you think it was okay to post a naked man spreading open his butt cheeks on our platform?
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