These are the trade positions the PRO Service is carrying over into January, 2023. They are are still "Buys" if looking to initiate or add to current positions. At least one more is coming and that will be a VIX/VXX/UVXY call position which could come as early as this week. PRO Service - Current Positions For comparison, these are the first quarter 2022 trades from last year. Note that the Jan 5, 2022 purchase of SQQQ Feb calls and/or QQQ Feb puts were both up 600% by the end of January. This January should see similar of not steeper declines in the market, so Feb 17th options can also be considered for new positions. PRO Service - 1st Qtr 2022 SQQQ - UltraPro Short Leveraged (3X Inverse) ETF An alternative to buying index puts, SQQQ is highly leveraged for a steep market decline. It was up 85% in 2022 while QQQ was down 32%. Or, leverage-on-leverage with SQQQ calls, as we did last year that this time. At $85 these calls would be up at least 5X: Feb 17th $60C (5.15-5.35) QQQ - Key Level remains 260.00
