You can shoot down this idea...Buy QQQ under $180.

Discussion in 'Options' started by Cabin111, Apr 3, 2020.

  1. Cabin111

    Cabin111

    I think it should hit that number soon...Own it...100 shares. The do a leap...June 2021 $185...Enjoy the profit from the option and any dividend it gives you. The stock is at about $181.50 as I write. Is this crazy?? Here is the last, then the bid/ask as I write.

    185.00 24.25 20.57 24.46
     
  2. tbone44

    tbone44

    sure; MSFT, GOOG, AAPL, FB, AMZN are over 40% of the ETF. Will be a monster after this is over...will move quickly though.
     
  3. southall

    southall

    Looking at the charts QQQ fell to $147 about 15 months ago.

    I think we will see at least $120 before this over.
     
  4. tbone44

    tbone44

    another +30% down ?? you best buy and gun and move to the hills (or underground) as there will be blood in the streets...
     
  5. Cuddles

    Cuddles

    Not necessarily the worst make up.

    MSFT (skype, office, outlook, windows)
    GOOG (email, hangouts, document share)
    AMZN (home deliveries)
    FB (everyone's addicted to this shit when cooped up)
    AAPL (wrecked)

    The above assumes we can keep some industry working from home.
     
  6. whys AAPL wrecked?
     
  7. Cuddles

    Cuddles

    they make luxury, not productivity items
     
  8. southall

    southall

    I didnt see any blood when the QQQ was $147 just 15 months ago.

    Its not the end of world if stock prices fall 50% or even 80% from the all time highs seen in 2020.
     
    Scataphagos, Clubber Lang and Cuddles like this.
  9. Cabin111

    Cabin111

    Also you have a lot of pension money sitting on the sidelines...Has to go somewhere?? When and where will this money go? Will it be to proven companies or unstable ones??? Also all your eggs are not in one basket...Example; Boeing, GE, Ford, Avis/Budget, dying industries.
     
    #10     Apr 3, 2020