$Nasdaq100 Bear 3X ETF(SQQQ)$ $Nasdaq100 Bull 3X ETF(TQQQ)$
Price reaching demand zone. Went long @ $37.64 + sold a 20230303 $37P at $1.39. Good upside potential to $50s. Target to sell covered calls when market moves higher later on.
With interest rate still so high, I don't see a 1 way ticket to the moon. Market will be chopping around for rest of this year which means it is better to sell puts at demand zone & sell covered calls at supply zone. Good luck!
![]()
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