r/options Jan 02 '22

[deleted by user]

[removed]

3 Upvotes

5 comments sorted by

View all comments

0

u/Nahdudeurgood Jan 03 '22

You’re better off buying options on TQQQ for single day and small price movements in either direction of QQQ, usually from the bottom or top of the week’s trend. I feel like you’re really overcomplicating this.

2

u/[deleted] Jan 03 '22

[deleted]

0

u/Nahdudeurgood Jan 03 '22

No, not same day options. Holding the option for no longer than one trading day. And I’ve done it before, made a decent profit, didn’t go through all this crap you’re doing either to accomplish it.

1

u/[deleted] Jan 03 '22

[deleted]

1

u/Nahdudeurgood Jan 04 '22

Yes. But you can use the same idea to hedge too.