Jeff 10:46 am on Thursday, March 12, 2020
Tags: LongLEAPs ( 81 )

TQQQ starter

#LongLEAPs Bought to open $TQQQ Jan 2021 90 calls for 4.00. Will add as price drops.

Jeff 11:26 am on Thursday, March 12, 2020

Already added more at 3.30. Now I’ll wait a few days.
- Lesserweavil 11:48 am on Thursday, March 12, 2020
  
  How long do you usually plan to hold leaps like this?
  - Jeff 11:51 am on Thursday, March 12, 2020
    
    It depends…
    
    Last year’s were underwater much of the year, then I sold around November when they finally got into profit . Had I waited until January, the profit would have been much bigger.
    
    The previous year, 2018, I had similar LEAP positions that were profitable in October, but I waited. Market crashed and hit lows on Dec 24th, so the positions did not recover and expired worthless.
    
    So, it depends…

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