Replies to post #7197 on Invesco QQQ Trust Series 1 (QQQ)

[farooq]

Debit spread is useful when enough time in it, and direction is at least correct.
With 3X funds I do not feel I need options. So I am trading them less every day, for more leverage I am doing futures, options are mostly now used as insurance by me.
Duma is right if one is committed 50 delta options are usually better R/R for 2 to 4 weeks play.