$Invesco QQQ(QQQ)$ Shorts seem-To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Invesco QQQ(QQQ)$ Shorts seem quiet on green days. I was still here even when I was down well over 100k and it dropped to 650.

Shorts keep telling bulls they made bad choices going long. How has that worked out so far this year?

I'll be selling puts again on red days. I still have 100 shares left at 689. All the people who wanted longs to go broke are the ones going broke buying puts, selling naked calls, or shorting. September was supposed to be the worst month, and it turned out bullish.

My 1200 shares got called away, and I'm currently up $44,000 since May on QQQ.

Over the past 45 days, put buyers on Invesco QQQ Trust have lost 100% of their premium on contracts that expired out-of-the-money. The underlying index surged into record territory, with QQQ rising from roughly $710.72 in late August to an all-time closing high of $759.66 before settling around $751.27.

Time in the market beat timing the market this year. QQQ is up over 22% year to date.

Many traders use inverse ETFs to short QQQ without borrowing actual shares. The most popular 3x leveraged inverse fund, ProShares UltraPro Short QQQ, has seen a 50.05% drop year-to-date. For short-biased traders holding these positions over months, volatility decay combined with the upward trend of the Nasdaq-100 has wiped out half of their capital.

Short interest is 70,458,005 shares, with a short interest ratio of 2.58 days to cover.

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How has that worked out so far this year?</p>\n<p>I'll be selling puts again on red days. I still have 100 shares left at 689. All the people who wanted longs to go broke are the ones going broke buying puts, selling naked calls, or shorting. September was supposed to be the worst month, and it turned out bullish.</p>\n<p>My 1200 shares got called away, and I'm currently up $44,000 since May on QQQ.</p>\n<p>Over the past 45 days, put buyers on Invesco QQQ Trust have lost 100% of their premium on contracts that expired out-of-the-money. The underlying index surged into record territory, with QQQ rising from roughly $710.72 in late August to an all-time closing high of $759.66 before settling around $751.27.</p>\n<p>Time in the market beat timing the market this year. QQQ is up over 22% year to date.</p>\n<p>Many traders use inverse ETFs to short QQQ without borrowing actual shares. The most popular 3x leveraged inverse fund, ProShares UltraPro Short QQQ, has seen a 50.05% drop year-to-date. For short-biased traders holding these positions over months, volatility decay combined with the upward trend of the Nasdaq-100 has wiped out half of their capital.</p>\n<p>Short interest is 70,458,005 shares, with a short interest ratio of 2.58 days to cover.</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/QQQ\">$Invesco QQQ(QQQ)$&nbsp;</a>Shorts seem quiet on green days. I was still here even when I was down well over 100k and it dropped to 650.</p>\n<p>Shorts keep telling bulls they made bad choices going long. How has that worked out so far this year?</p>\n<p>I'll be selling puts again on red days. I still have 100 shares left at 689. All the people who wanted longs to go broke are the ones going broke buying puts, selling naked calls, or shorting. September was supposed to be the worst month, and it turned out bullish.</p>\n<p>My 1200 shares got called away, and I'm currently up $44,000 since May on QQQ.</p>\n<p>Over the past 45 days, put buyers on Invesco QQQ Trust have lost 100% of their premium on contracts that expired out-of-the-money. The underlying index surged into record territory, with QQQ rising from roughly $710.72 in late August to an all-time closing high of $759.66 before settling around $751.27.</p>\n<p>Time in the market beat timing the market this year. QQQ is up over 22% year to date.</p>\n<p>Many traders use inverse ETFs to short QQQ without borrowing actual shares. The most popular 3x leveraged inverse fund, ProShares UltraPro Short QQQ, has seen a 50.05% drop year-to-date. For short-biased traders holding these positions over months, volatility decay combined with the upward trend of the Nasdaq-100 has wiped out half of their capital.</p>\n<p>Short interest is 70,458,005 shares, with a short interest ratio of 2.58 days to cover.</p></body></html>","text":"$Invesco QQQ(QQQ)$ Shorts seem quiet on green days. I was still here even when I was down well over 100k and it dropped to 650. Shorts keep telling bulls they made bad choices going long. How has that worked out so far this year? I'll be selling puts again on red days. I still have 100 shares left at 689. All the people who wanted longs to go broke are the ones going broke buying puts, selling naked calls, or shorting. September was supposed to be the worst month, and it turned out bullish. My 1200 shares got called away, and I'm currently up $44,000 since May on QQQ. Over the past 45 days, put buyers on Invesco QQQ Trust have lost 100% of their premium on contracts that expired out-of-the-money. The underlying index surged into record territory, with QQQ rising from roughly $710.72 in late August to an all-time closing high of $759.66 before settling around $751.27. Time in the market beat timing the market this year. QQQ is up over 22% year to date. Many traders use inverse ETFs to short QQQ without borrowing actual shares. The most popular 3x leveraged inverse fund, ProShares UltraPro Short QQQ, has seen a 50.05% drop year-to-date. For short-biased traders holding these positions over months, volatility decay combined with the upward trend of the Nasdaq-100 has wiped out half of their capital. 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