LD Lossdog Research
symbol

SOXS

7 matching records.

Trade idea

SOXS scalping

The trader should set a profit target based on the assumed risk, typically 25-35% of the expected move. For example, if the risk is $2, the profit target should be around 50-100 cents. The trade should be exited if it does not move in the expected direction within the first few hours of the market session. This approach ensures disciplined trading and avoids holding positions that do not meet the initial criteria.

View full notes
Strategyscalping
Assetstock
Time horizonIntraday, typically within the first few hours of the market session.
Entry / triggerBuy at a price where the stock is trading, with a clear profit target set as a percentage of the assumed risk.
Target / exitProfit target set at 25-35% of the assumed risk, typically around 50-100 cents for a $2 risk.
Invalidation / stopExit if the trade does not move in the expected direction within the first few hours of the trading session.
SpeakerUnknown
Risks
  • Market volatility may prevent the trade from reaching the profit target.
  • The trader may be forced to exit the trade prematurely if the market moves against the expected direction.
longEquitylongscalpingSOXS
medium confidenceVerify in video at 1:19:13 ↗
Trade idea

SOXS Scalping

The speaker discusses a trade on SOXS, where they bought the stock in the morning and immediately sold it out after a short-term reversal. The trade was based on the idea of scalping, which involves taking advantage of short-term price movements. The speaker mentions that they had too much of the stock already, so they decided to buy and sell quickly. The trade was successful, as the stock reversed out of spite, indicating a short-term reversal in price. The trade was executed with a clear entry and exit point, and the speaker notes that it usually works out well.

View full notes
StrategyScalping
AssetEquity
Time horizonShort-term
Entry / triggerPre-market rally
Target / exitImmediate reversal
Invalidation / stopOverbought condition or continued rally
SpeakerScott
Risks
  • Market volatility
  • Short-term price movements
  • Overexposure to the stock
ShortequityshortscalpingSOXSshort-term
high confidenceVerify in video at 15:05 ↗
Trade idea

SOXS Writing calls against underlying stocks to benefit from option decay

Writing calls against SOXS (a bear three times semiconductor ETF) can benefit from a bull market and option decay. The strategy involves writing calls to capitalize on the decay of the premium, which naturally decreases over time. The goal is to approach a zero basis, which indicates that the cost basis of the position is effectively eliminated. This strategy is suitable in a bull market where the underlying asset is expected to appreciate, allowing the premium to decay while the position remains profitable.

View full notes
StrategyWriting calls against underlying stocks to benefit from option decay
AssetETF
Expirationnot specified
Time horizonLong-term
Entry / triggerBull market with positive option decay
Target / exitBasis approaching zero
Invalidation / stopMarket reversal or significant volatility
SpeakerNeil
Structure / legs
  • call options on SOXS
Risks
  • Market reversal
  • Significant volatility
  • Liquidity issues in the options market
shortETFshortSOXSLong-term
high confidenceVerify in video at 39:22 ↗
Trade idea

SOXS Covered Call

The speaker suggests buying SOXS and selling July 7 calls, citing the stock's potential for a 40% move. The trade is considered favorable due to the asymmetric risk-reward profile, with the upside potential being significantly greater than the downside risk. The speaker also notes that the stock's price is currently at $4.95, and the calls are at $430, indicating a potential for profit if the stock moves upward.

View full notes
StrategyCovered Call
AssetEquity
ExpirationJuly
Time horizonUntil July
Entry / triggerStock price at $4.95
Target / exitStock price reaches $7
Invalidation / stopStock price drops below $3
SpeakerScott
Structure / legs
  • Buy the stock
  • Sell July 7 calls
Risks
  • The stock could drop below $3, resulting in a loss
  • The calls could expire worthless if the stock does not move upward
  • Leveraged ETFs can degrade over time, affecting the trade's performance
LongequitylongCovered CallSOXS
high confidenceVerify in video at 24:59 ↗
Trade idea

SOXS Covered Call

The speaker suggests buying SOXS at $575-580 and selling a July 10 call option for a risk-reward trade. The strategy is designed to profit from a potential decline in the stock price, with a maximum gain of $5 if the stock falls below $640. The trade is considered a 'cheap shot' to the downside, leveraging the inverse ETF nature of SOXS.

View full notes
StrategyCovered Call
AssetEquity
ExpirationJuly
Time horizonShort-term
Entry / triggerStock price around $575-580
Target / exitStock price below $640
Invalidation / stopStock price above $640
SpeakerSpeaker
Structure / legs
  • July 10 Call
Risks
  • Limited upside potential if the stock rises above the strike price
  • Market volatility could impact the stock price
  • Execution risk if the trade is not filled
LongequitylongCovered CallSOXSshort-term
high confidenceVerify in video at 23:21 ↗
Q&A

What is the expected move for the stock discussed?

The expected move for the stock is $26, which is a significant move given the stock's current price of $5.

View full notes
Actionable takeawayThe expected move of $26 indicates a high potential for price movement, which can be leveraged in trading strategies.
SOXSMarket Outlookrisk management
high confidenceVerify in video at 23:12 ↗
Q&A

What is the strike price for the July 10 call on SOXS?

The strike price for the July 10 call on SOXS is around $640.

View full notes
Actionable takeawayThe strike price for the July 10 call on SOXS is approximately $640.
SOXSOptions
high confidenceVerify in video at 23:39 ↗