ProShares UltraPro QQQ

TQQQ-US

Analysis and Opinions about TQQQ-US

Signal
Opinion
Expert
COMMENT
COMMENT
August 21, 2019
Can this go to 0? Yes. It's triple the exposure to the Nasdaq. A 33% decline in the Nasdaq means losing 100% in TQQQ. Buy a call option on QQQ--same leverage, but limited risk. Think of it as a long-term option, though it could go to zero, too, but it's a smaller loss. Any leveraged ETF trades the futures contract. So, they have to roll those futures every night. And that roll costs the asset every night.
Can this go to 0? Yes. It's triple the exposure to the Nasdaq. A 33% decline in the Nasdaq means losing 100% in TQQQ. Buy a call option on QQQ--same leverage, but limited risk. Think of it as a long-term option, though it could go to zero, too, but it's a smaller loss. Any leveraged ETF trades the futures contract. So, they have to roll those futures every night. And that roll costs the asset every night.
Richard Croft
President, R.N. Croft Financial Group Inc.
Price
$0.000
Owned
Unknown
DON'T BUY
DON'T BUY
October 18, 2018

It is a leveraged long play on the NASDAQ. Anything with leverage deserves extreme caution. It is FANGs on METH. Active traders use these.

It is a leveraged long play on the NASDAQ. Anything with leverage deserves extreme caution. It is FANGs on METH. Active traders use these.

Daniel Straus
Head of ETF Research & Strategy, National Bank Financial
Price
$0.000
Owned
Unknown
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