I have been buying leaps on QQQ, and SPY for years now. They are not trades, but long holds and they have been printing money for me….not without risk as '22 showed a complete loss. I have cleared about 200K in the last 5 with about 50k on the table, so it is a long term investment strategy for me even with the loss year.
Now QLD options are available Jan of 2027. Is this just insane to place a long bet on a triple leveraged 2.4 years out? There are no market price as of yet…It is like options on top of options?
Posted by Nuclear_N