2024-04-04 14:52:06 ET
Summary
- ProShares UltraPro QQQ ETF tracks 3x Nasdaq 100 daily returns, offering high risk and high potential reward.
- An options overlay strategy using QQQ puts can help minimize exposure during a Nasdaq 100 selloff and protect investors from pullbacks.
- By combining TQQQ with QQQ puts, investors can insulate themselves from downside risk while still benefiting from aggressive upside potential.
ProShares UltraPro QQQ ETF ( TQQQ ) tracks 3x Nasdaq 100 daily returns. TQQQ uses OTC swaps with various counterparties to achieve this 3x daily exposure.
It's definitely a high-risk, high-potential reward asset. In a bull market, TQQQ can outperform almost everything else. In a bear market, holding TQQQ would be quite painful....
Read the full article on Seeking Alpha
For further details see:
Living Leveraged: Aggressive TQQQ Strategy With Protection