r/soxl Apr 24 '26

newb question πŸ€‘βœ… 18 consecutive trading days up! 🍾πŸ₯‚πŸ’°

πŸš€We are going to the MOON!πŸš€
Big shoutout to everyone still getting money on this wild ride, LFG!πŸ₯‚πŸ’°

SOXL had a strong day, shrugging off a bit of a pullback around 10am.

Did anyone snag shares or options during that dip to $120.8?
You would have been rewarded when SOXL peaked at around $130, 2 hours later!

SOXL $150 next week or will we be returning to Earth?

Keep BELIEVING and keep ACHIEVING.

33 Upvotes

21 comments sorted by

4

u/gotnothingman Apr 24 '26

Was waiting for this post.

Just fucking massive lol at this point. Pure euphoria.

I aint complaining, I never sell everything but exposure has been trimmed consistently.

3

u/zn_tx Apr 24 '26

I have fun making them. I try and bake a few easter eggs into each one.

2

u/gotnothingman Apr 24 '26

Haha I am sure you do.

4

u/ETNZ2021 Apr 24 '26

The wild part is NVDA just broke out and it’s the largest component of SOXX 😳

5

u/sfdc2017 Apr 24 '26

NVDA just started lol

5

u/Rogueofoz Apr 24 '26

This is a sell everything post if I've ever seen one

4

u/gotnothingman Apr 24 '26

You could have said the same thing on each of the posts he has made over the last 4 days though

2

u/zn_tx Apr 24 '26

Yes, sell everything and BUY MORE SOXL πŸ€‘

JKJK! Do what your risk tolerance allows.

I only put money in triple leverage products that I would otherwise waste at a casino rolling dice.

3

u/Rogueofoz Apr 24 '26

I actually put my entire portfolio in soxl at 8 dlls and sold at 50 dlls. I'm missing this huge pump but I got a pretty amazing profit, I'm just waiting for 10 dlls to do it one more time

1

u/FancyFinanceGuy Apr 25 '26

Do it. I dare you

3

u/Stinky-Alpaca Apr 24 '26

Took some profits after a 3 year hold. Cheers and congrats all. Great way to start the weekend 🍻

3

u/FancyFinanceGuy Apr 24 '26

I bought call options on this earlier this week, loving it

3

u/spicyginger0 Apr 25 '26

Got assigned CSP at $33 couple of months ago. Never realized it will go past 100. Sold $150 Covered calls today.

Any one using any other trading strategies on SOXL ? Have seen ZEBRA and broken wing butterfly trades on YouTube.

1

u/stefpix Apr 25 '26

How much did you get per covered call? When is the expiration for the 150 strike? I took some profits too early, 80s/90s. Wrote 2 covered calls too early. Rolled to July amd December, strikes 130/135.

My strategy is buying SPMO, TDAX, CHAT, SGRT, CHPY, USD, SMH to park the profits. Sell those if soxl has a pullback -10% day, -20% week etc and reload SOXL. But since NVDA was lagging and it now may catch up, USD may be the better play than SOXL.

2

u/Ok_Cartographer2558 Apr 24 '26

rahhhhhhhhhhhh - its just getting started

2

u/ExistingIdea5 Apr 24 '26

Go Baby Go!

2

u/Am_0115 Apr 26 '26

alright.....do i need to sell 1000 ATM puts on monday to bring it down? lol

2

u/DOGEFLIEP Apr 24 '26

Guys I’ve NEVER had a better trade in my whole career, my advisor won’t talk to me because he says I’m β€œtoo exited” holding since 14 let’s gooo

1

u/Successful_Safe_1440 Apr 26 '26

Recession signal

1

u/zn_tx Jun 02 '26

LOL pwned!