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tehlikeyesterday at 11:02 PM1 replyview on HN

> I am lazy > directly hold options that construct the same amount of leverage

A lazy guy on hackernews, with knowledge on TQQQ, options.

You are making my case.

Holding TQQQ vs doing with options are different in many ways. You will get a tax drag that you need to be mindful of.

You are also not saying something that goes against what I said. The reason LLM says TQQQ is not a good long term hold is because it can go to zero or near zero due to leverage - which is "technically" true. You are saying something else.

I am also lazy.


Replies

drivebyhootingyesterday at 11:19 PM

Look up “nonconvexity”. TQQQ during draw down will kill your gains.

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