$Direxion Daily Small Cap Bull 3X ETF (TNA.US)$ these bobble...
$Direxion Daily Small Cap Bull 3X ETF (TNA.US)$ these bobbleheads on TV two weeks ago calling for the market to broaden out and buy the Russell. I posted when these people start talking about buying the Russell they've already missed a move and if you listen to them you'd be down because you would have bought this at 41.5 and now we're 36.3. I think one more down day 35.70 35.80 would be an initial entry point. and I would be looking for a trade backup for about 39.5
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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luluxoxo2022 : This has been bobbing around between $34 to $35 for a while now. I have been selling puts to capture this price movement
10baggerbamm OP : I've sold puts on it before and then I've got stuck to stock or ETF I should say I looked at it earlier this morning and it's kind of in no man's land right now I thought you know even though 20% of the Russell is comprised of regional Banks and they're killing it today the rest of those small caps have been struggling recently. I wound up selling puts on bitcoin b i t x The leverage ETF. the Tesla leverage ETF tsll and soxl. why I didn't do TNA is to me it looks like it could dip to 34.80