Replies to post #43 on ProShares UltraPro S&P500 3x (UPRO)

[leftovers]

I love this one and TQQQ for selling Put premium. In Jan , Feb, and March I have been able to sell 4-6 strikes out of the money and collect 1-2 dollars per contract per week.

Now I have to move up the ladder and go 3 strikes to collect .80 so it is getting much more risky.

It defiantly wants to continue to go up for sure. It will change course sooner or later though.

My 3 Puts for tomorrow look like a winner at the moment. 3 times leverage could change on a dime though. Normally I would just roll out to the next week today and collect more but too pricy for me.

Cheers