ShortI'm buying QQQ: PUT, Strike 230, Expiration 4.29.20 Hoping to buy between $2.00 to $2.50 This what I'm thinking and doing, this post is only for educational purposes only. Please consult with a licensed broker for professional recommendations. Educationby buysellwallstreet2
TQQQ Trading inside channelInitiated a short position here. Looking for 10% gain. Stop loss at 5%. 2-1 risk/reward ratio. Will be mainly using the pitchfork and as a visual guide, and using my macd signals for alerts. For the last 2 months, if you initiated short position at the upper band of the channel just after the (close long) alert signal, and closed short position at the first (open long) alert signal, then you would have 3 successful trades for about 10% profit each. If for some reason, the price breaks out of this pitchfork channel, then the strategy is voided. Profitable alert signals rely on heavy volatility, that's why I'm covering triple-leveraged ETF.Shortby bodeen88Updated 5
TQQQ - Short Put 17 Jul 20 55Opened yesterday for a credit of $3.22 per contract. Cash Secured. With mostly cash in my portfolio, I think it's a good time to use the wheel strategy: 1. If TQQQ ends up above 55 at time of expiration - collect premium 2. If put in-the-money: start long on TQQQ 2.a. sell covered call on TQQQ Longby BingCherryOnTop6
TQQQ Target:[$100.00] Target Date:[07/01/2020] ROI:[38%]NASDAQ-100 INDEX The NASDAQ-100 Index includes 100 of the largest domestic and international non-financial companies listed on The NASDAQ Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Last week, the Invesco QQQ Trust (QQQ) crossed the $100 billion in assets mark, joining three S&P 500-based ETFs and a total stock market offering from Vanguard. CFRA rates QQQ as a five-star diversified U.S. equity fund, believing it has a high probability of outperforming in the next nine months due to its low costs and high reward potential, despite slightly elevated risks. Exposure to the biotech sector which is poised to profit from therapeutics to treat the coronavirus and future pandemics. Analyst Ratings Firm Name____________Rating FactSet ________________A Ned Davis Research _____BUY XTF Inc. ___________10 out of 10 Morningstar, Inc.* ___ 5 out of 5 Zacks Research ______Strong Buy Top Holdings MSFT Microsoft Corp 11.92% AAPL Apple Inc 11.19% INTC Intel Corp 2.97% CSCO Cisco Systems Inc 2.11% NVDA Nvidia Corp 2.04% ADBE Adobe Inc 1.95% PYPL Paypal Holdings Inc 1.42% AVGO Broadcom Inc 1.19% TXN Texas Instruments Inc 1.18% QCOM Qualcomm Inc 0.98%Longby jfs2152Updated 2
Scaling into TQQQ for very short periodI've opened positions in TQQQ.Longby InvestingIsAScienceUpdated 334
TQQQ... very hot again this week. Should we expect a pullback?I expect TQQQ to hit the weekly support (brown) beginning/mid next week, and to start to pullback halfway to the middle of the hour trend line (blue). Then, will see :) Feel free to comment, as the more we comment, the more we will win this together.by mcardinal894225
Long TQQQ/NDXPrice will cross-over the resistance line and re-establish the previous trend line. The market previously attempted to follow the trend line on 2020-02-28, but failed 2020-03-04 with the failure of the oil markets as the catalyst for panic selling. Oil futures and copper futures are showing strong upward movement with no resistance in site providing assurance for strengthening global economic conditions. The argument could be made that considering without the oil market collapse news the trend line would have been maintained . . . now that that market has recovered . . . the trend line should re-establish. The market already tested the resistance line twice, and both times failed to result in a major correction. If TQQQ/NDX was going to bounce off the resistance line aggressively it would have already done so. There may be some pull back, but nothing major. Longby ajd6
Close out TQQQ positionsIt's a good time to take some profits and scale out of TQQQ today. I'll post when to start buying SQQQ. Shortby InvestingIsAScienceUpdated 6
OPENING: TQQQ JUNE 19TH 35 SHORT PUT (LATE POST)With rank/implied at 74/124 and the at-the-money short straddle paying a whopping 33% of the value of the stock price in the June expiry (57 days until expiry), sold the 84% probability of profit strike for a 2.06/contract credit late in the session. Break even of 32.94.Longby NaughtyPinesUpdated 558
TQQQ ChartFalling wedge pattern. Ascending channels pattern. Symmetrical triangle pattern.by CaribeTradingClub5
TQQQ Headed for the 5th wave?3rd to 4th retracement has reached around 28%. Are we heading to final low now? Shortby Surfguy83114
OPENING: TQQQ MAY 17TH 28 SHORT PUT... for 2.65/contract. Notes: High rank/implied. I'm generally not a big fan of leveraged, so am going small here, 16 delta. Break even at 25.35 if assigned.Longby NaughtyPinesUpdated 8
Market direction will be determined on next MondayWe are seeing two gaps on TQQQ chat: 1. 38.000 - 40.130 happened on 03/23/2020 2. 46.858 - 45.720 happened on 03/31/2020 Market will find its direction sometime next week. Very likely will be on next Monday. by James_Bao4
Bearish wedge on TQQQ ETFOn the ETF: TQQQ a bearish wedge developed and the price broke it today. The wedge has two maximum points and three minimum points. The take profit target is the base of the wedge, the yellow line, and the stop loss price is the last maximum point Shortby Manuelsilvat115
XOP ETF at a historical extreme!The XOP ETF has been shattered and we have gone below levels back to 2008-09 on our Short Term Oscillator. This sets up a potential snap back rally as the rubber band has been stretched to the downside to an extreme level. We don't give financial advice so please do your own research. Long03:51by TradingETFscom2
TQQQ Bear momentumBear momentum going strong. As everywhere begins to shut down, I'm afraid we have a long way to go... ***Not a trading advise, invest at your own risk. Will not be held accountable for your actions. Consult with your financial advisor.***Shortby PlayerInvictusUpdated 3