Shares of Ultrapro Short QQQ Proshares (SQQQ) are trading 6% higher at a price of $53.03 at the time of this writing.
Ultrapro Short QQQ Proshares has been trading between a 52-week high of 67.69 and a 52-week low of 28.15. The stock has a market cap of $4.18 Billion.
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As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:Emotional-Roof-7728 - 9 upvotes -
sourceWhat if I'm bullish on sqqq ?
dweeegs - 7 upvotes -
sourcei have 1800 shares of SQQQ and 60 of the UVXY $13.5c for Friday, I am ready for this week
I_am_NotOP - 6 upvotes -
sourceGonna put 7k into SQQQ tomorrow morning
Thepxndx77 - 6 upvotes -
sourceSQQQ
fin425 - 4 upvotes -
sourceFriday I was super bullish, but on UVXY and SQQQ. I was buying every dip ![img](emote|t5_2th52|4271)
njcuban123 - 4 upvotes -
sourceCalls on SQQQ seem reasonable.
honeybadger9951 - 3 upvotes -
sourceMaybe on SQQQ
ThatsAHugeLoadOfBS - 3 upvotes -
sourceGlad I bought SQQQ calls Friday for this Nasdip.
goblintacos - 3 upvotes -
sourceI'm bullish... On sqqq
Crptogod - 2 upvotes -
sourceSqqq