I’ll be honest with you.. been researching tqqq puts, leaps aren’t looking bad as a hedge… the only problem I see is that the tech bros who just put software engineers out of business and told them to become brothers may prop up the bubble a little longer… it’s when the mid level guys start dropping is when the rug will get pulled and the ai circle jerk will be exposed…. They can keep it alive longer then we think
IDK the mechanics of it, but SQQQ just doesn't move up as quickly as TQQQ would move down. Unless you are going to trade in and out of the leaps, look at 2022, TQQQ cratered, while SQQQ went up then had large drawdowns.