SQQQ Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: If negative market sentiment resurfaces or tech stocks stumble, SQQQ could rebound sharply. High implied volatility indicates potential price spikes.




Bearish Case: Continuous strength in the Nasdaq-100, supported by positive economic data, may suppress SQQQ, exacerbated by decreasing implied volatility over time.




Potential Outcomes:

1. Nasdaq-100 correction raises SQQQ value (40% chance).

2. Sustained strength caps SQQQ downside (50% chance).

3. Sideways market maintains stability (10% chance).




Trading Oracle: Opt for a bullish long volatility strategy: Buy 1 $8.00 call, sell 1 $9.00 call, targeting November expiry. This leverages elevated implied volatility for potential upside, while balancing risk with a high reward:risk profile.



October 27, 2024


ProShares UltraPro Short QQQ Forecast

SQQQ        ProShares UltraPro Short QQQ
















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