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r/tqqq
Bearish position
Investor summaryBearish
Author is long a bear put spread ahead of MU earnings and PCE, predicting TQQQ will drop to $70.
Bear points
- Anticipating negative market reaction to MU earnings and PCE data.
- Predicts TQQQ will drop significantly back to $70.
Post body
Real time: I am long a bear put spread with $40K in premium ahead of MU earnings and PCE. No other positions for the week. I think TQQQ goes back to $70. I posted my P/L so far for June.
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