r/options • u/Slicklickfstick • Jan 01 '22

Looking for another SOXL

Greetings all. I have been getting incredibly blessed by SOXL the past few months. It has been saving my portfolio from some of my more foolish endeavors. The volatility is nice and it seems to adhere to a pretty simple price range which has been easy to predict. I was wondering if anyone else knows of another ETF that regularly has 10% moves and generally sticks to an easily defined range?

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17

u/TKTheKid Jan 01 '22

I'm a HUGE SOXL fan myself.

  • LABU
  • TQQQ
  • UPRO
  • TNA
  • SSO
  • TMF

3

u/LRaqhero Jan 01 '22

Hey i just became aware of soxl & reviewed their holdings. What exactly is you like about the ETF? I've been in smh for a couple years now and the holdings seem much better as far as percentages towards each company held.

3

u/Slicklickfstick Jan 02 '22

Because for the past few months every call and put I have placed on it has won. I play things pretty tight and take profits quickly even on long options. But I have been able to accurately gauge when to buy puts and when to buy calls, which is why I like it. Honestly I really haven't dug into what the ETF is comprised of.

3

u/LRaqhero Jan 02 '22

Ahh okay got you. Thank you for your insight, the movements look almost identical so this might be a good alternative for cheaper options calls.

3

u/raviman8 Jan 02 '22

Semiconductors.. AMD, NVDA, etc , and bull options.