nomadic_m
04-12

Shorted $ProShares UltraPro Short QQQ(SQQQ)$ , sold covered put, collecting premium. Ceasefire news hits, SQQQ tanks (TQQQ rockets), hitting strike 😎.

- *Assignment = win*: Happy to be assigned, closing profitable short

- *Premium pocketed*: Extra cash for the win

- *Play complete*: SQQQ short + put sale = 💵

S&P 500 Clears 7000: Can Earnings Season Sustain Breakout?
The S&P 500 closed at 7,022.95, making its first effective hold above the 7,000 milestone, while the Nasdaq Composite settled at 24,016, clearing 24,000 for the first time. TSLA's 7.6% surge, MSFT's break above $400, and IONQ's 21% quantum tech rally drove multi-sector confluence, echoing the sharp post-April 2025 rebound-to-new-high pattern. The dense earnings calendar ahead is the critical stress test for 7,000 — if bellwether results beat expectations, new highs may only be the beginning?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
2