11/13/2020 11:46

$ProShares UltraPro Short QQQ Just so everybody is clear my plan for today if this opens up at $19.50, I will double or triple my morning position, which means I have calls with a strike price of 1950 I originally paid $.60 at open the same calls will likely be $.25 if I add 3x my position my break even point 0.34

Meaning, when this pops above 1984, which Iโ€™m positive it will do today my trade then becomes profit

If you are in higher strike price 20.00 call, they might be as cheap as 0.15, Same theory
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.


Share to:

Download the Webull App and join community for discussions about the post. Download

All Comments(5)

Escape Velocity11/13/2020 13:46
Today should be OK..at least your unlikely to lose if you close to 19.50. Im just gonna sit the weekend out of this. Maybe I swing $ProShares Ultra VIX Short-Term Futures though it seems entry is now

Matt11/13/2020 13:49

Havenโ€™t you learned by now, do you VXY only goes down it doesnโ€™t even spike hard when itโ€™s supposed to, just a warning


Da Crack Fox11/13/2020 13:17
whats your expiration? and do you plan on holding through the weekend?

Matt11/13/2020 13:20



jam***com11/13/2020 11:56
I plan on buying 19.00 puts expiring next friday. gonna sl them fairly quick today, held them too long yesterday for a lose. might hold a few for Monday morning.


Ste***com11/13/2020 11:52
This market is crazy af. Even i know the whole market oversold. when it go red its gone b for days. I thnk next week is it.


RavenWithDaddy11/13/2020 11:50

Matt11/13/2020 11:56



Hot Article
$Novan i have been waiting a very long time for this day ๐Ÿ˜…cal***com 12/03/2020 23:44
$SUNDIAL GROWERS INC. Im a genius DonaldTrumpwillwin ๐Ÿ”ฅ 12/04/2020 00:40
$Electrameccanica Vehicles Corp im still smiling i know SOLO will run again boys ๐Ÿ˜˜๐Ÿ˜๐Ÿ™๐Ÿผsur***com 12/03/2020 22:38
$NIO Inc. what is wrong with this guy?jer***com 12/04/2020 00:45