Almost 2 Years Ago
1 Min Read

Off goes TQQQ. The stock jumped down today. Here's why:



Shares of Ultrapro QQQ Proshares (TQQQ) are trading -6% lower at a price of $26.35 at the time of this writing. The drop in shares coincides with an uncertain macro environment, heaving on fears of inflation and a weakening economy.

Ultrapro QQQ Proshares has been trading between a 52-week high of 91.68 and a 52-week low of 21.32. The stock has a market cap of $11.8 Billion.


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™:

Alternative-Season45 - 6 upvotes - source
If my tqqq puts print this week it’ll bring my account back from the dead ![img](emote|t5_2th52|6880)

Alternative-Season45 - 5 upvotes - source
I got 500$ in tqqq puts for Friday and I’ll put in another $500 if we rally more before cpi and if we go up the end of this week I’m done for I’m already down 9k for the year 10k and I call it quits till this bear market is 100% over what y’all think?

saw-it - 3 upvotes - source
Let’s go TQQQ bring my 24p itm

hardcore_softie - 3 upvotes - source
Imagine if that UPST dude had just bought $2 million of TQQQ puts. Everyone wants to be contrarian though.

Open-Mood9984 - 3 upvotes - source
Looking to buy some $CCL calls with a tight risk to $8.50 , keeping my eye on $BA been in a interesting intraday range around $141-$135 looking to day trade that range, and if we get a nice dip tomorrow maybe a $TQQQ call because I think Wednesdays CPI will not shock the market and we might have an excuse to go up.

cheaptissueburlap - 2 upvotes - source
Call on sqqq or puts of tqqq, sell tuesday at close

soccerboy998191 - 1 upvotes - source
I’m adding more of some solid companies all the way down like amazon, google, meta, nvda, Tesla, Microsoft, Apple, amd, everytime they take a dive, and obviously some spy and tqqq, down big 60% but still adding and holding.

Jaamun100 - 1 upvotes - source
Nice with oil plummeting, massive tqqq opportunity right now.

grigmagrindset - 1 upvotes - source
Tqqq calls?

Alternative-Season45 - 1 upvotes - source
Tqqq. Or amc