I bought TQQQ PUTs today to play the QQQ sale.
Since 26 October 2023, the TQQQ has doubled, a breath seems to have arrived.
In addition, inflation was slightly higher than forecast today.
Finally, my technical indicators are all overbought.
Since 26 October 2023, the TQQQ has doubled, a breath seems to have arrived.
In addition, inflation was slightly higher than forecast today.
Finally, my technical indicators are all overbought.
Comment:
I sold 3/4 of my puts today. I'm waiting for the NVDA results tomorrow before selling the last quarter.
Trade closed manually:
End of the operation with a 75% gain on the buyback today of my last PUTS.
The 200% target has not been reached, but that's for another time.
The 200% target has not been reached, but that's for another time.
Initial target 1% of my capital because selling short is very difficult.
Transaction risk 0.5% of my capital as this is the only element I can control in trading. That's why I buy PUTS.
Multiples R forecast 2.05R but the market will decide!