Replies to post #111370 on Savvy Trades and Investments

[littlejohn]

SQQQ, 10.50 calls for Friday 03/15

picked up early in afternoon...

Thursday had lovely market prop

up ahead of speech tonight...

Usually only sell calls in nearest

month or buy calls in current week

or late in week for the next...

If you sell calls in months further out

then you can wait for more decay

that usually takes longer...

Gambling on calls closer in the moment

can track trading moves as they happen

if you get lucky on the timing...

Which also lowers entry price on call buys...

Only mentioned what was mentioned on that

20% because it should be in a volatile

play for a spell...

My one experience last week saw SQQQ

move better than SOXS on the down day,

which is because so much pump focus

is on Nvda now...SQQQ gets broader

coverage in tech declines while the Nvda

pump action is so high...


So we watch...LJ