/biz/ - Business & Finance

As impatient as I'm feeling I must stay in cash. Cant risk the banks btfoing me by end of next week.

>>22352696
Lmao it's another reason I got out of TQQQ this morning. Was gonna try selling calls on them only for the premium to get btfo'd to the point of
>why would i touch a 3x etf currently on stilts
Premium no longer worth it now so am contemplating whether to bother touching it anymore or tech for that matter with all its fluctuations as of late

I've got other safer ideas that can work in the short term more likely than touching tech atm. Heck look at all the anons that saw TQQQ plummet to $150 and think "buy the dip" only for it to keep on dipping. Id be btfo'd with all the premium destruction and down like 10k.

>>22352740
Dont remember when i exited exactly but fuck does it blow. One bad week and most of the gains get removed, literally have to get many weeks correctly so that one bad week does btfo your gains of the past 5 weeks

>>22352589
>put spreads
Got btfod by credit spreads last week. Market is far too unstable. Have moved mostly into cash especially with that thing about banks likely pulling out of stocks to make their stuff look good to the fed.