fuzzballl 11:35 am on Thursday, February 10, 2022
Tags: ShortPuts ( 4,763 )

TQQQ

#ShortPuts – One add while I was out.

Sold TQQQ MAR 25 2022 50.0 Put @ 2.70

jsd501 11:37 am on Thursday, February 10, 2022

I stopped selling puts and in cash until I get a buy signal from the moving averages.
- fuzzballl 11:55 am on Thursday, February 10, 2022
  
  Yep. I’m still sitting on about 65 percent cash. Playing with the rest since I suck at calling bottoms. I have to average in. Also looking to actually accumulate some stock for long term call selling. And there are still some positions working nicely. EWZ was great, XBI has been a gold mine, and FXI, SPY and SVXY working. Peeling profits off SOXL too. Love this market!
  - jsd501 12:01 pm on Thursday, February 10, 2022
    
    It may be a long time before this market sees the bottom but, when I think it has I will be buying the TQQQ leaps or the stock and keep it for a few years.
    - fuzzballl 12:07 pm on Thursday, February 10, 2022
      
      Absolutely! Please let me know when it’s time to go for my full position.
      
      🙂 🙂
- bikeeagle1 1:32 pm on Thursday, February 10, 2022
  
  Hi jsd501. I’m just wondering, which moving averages do you use? I mostly look at the 200 Day or the 50 Week, but I’m always interested in others’ trend indicators. Thanks.
  - jsd501 5:13 am on Friday, February 11, 2022
    
    For the long term I use the 20, 50, 150, and the 200 day MA, and when they are all turning up it is a bull market.

Leave a Reply Cancel reply

s: search
c: compose new post
r: reply
e: edit
t: go to top
j: go to the next post or comment
k: go to the previous post or comment
o: toggle comment visibility
esc: cancel edit post or comment