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Advice for buying deep out of the money calls?
Investor summaryBullish
Newbie wants to buy deep OTM calls on TQQQ for 3x QQQ exposure, betting big on the AI buildout.
Bull points
- Believes the AI buildout will be larger than the Industrial Revolution.
- Wants 3x leveraged exposure to the Nasdaq via TQQQ.
Post body
I want to buy TQQQ instead of QQQ because I like QQQ and I’d love have 3 times as much QQQ per dollar, which is exactly what I like about TQQQ. I’ve decided to start buying deep out of the money calls. I think the AI buildout is bigger than the Industrial Revolution. What advice do you have for buying deep out of the money calls? It’s my first foray into options.
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