$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ today is a day that you can sell puts on this ETF and make a nice return between now and tomorrow and now in next Friday.. so much money has left the chip stocks since July when we had the Japanese trade on winding take place. there have been some key companies that have taken down this basket and I mentioned them earlier and a lot of them are as a result of the automotive business has been declining and it has weighed heavily because it represents a portion of their business. the AI business across the board is growing exponentially the other tertiary businesses are the lackluster problem areas within several of these key lead tech chip related companies. now that the 800 lb gorilla has left the room for 3 months and we see it is trading in the green this morning.. I believe that you will see a significant amount of money to come back into this basket and I believe we will see at least $34 by Christmas time. so you can use the relatively low price that you see and sell puts at a dollar below the market for tomorrow's expiration. I will be doing this on the open. as well as I will be selling puts for next Friday's expiration $1 below the market.. in my opinion it's free money it's easy money because the trend for these chip stocks in my opinion is going to be significantly higher between now and Christmas
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