The price pattern shown below suggests much more of a decline is ahead. I know we've been here before and the market has just rallied higher, but one of these times it won't. QQQ We are short AAPL, Bitcoin (IBIT) and TLT, all of which should continue to fall if QQQ leads the way. Aggressive traders should consider QQQ puts as well as per the table below: QQQ Jan Puts QQQ is down about 13 point as I write this, while the $580P is up 88%. If this decline accelerates into early next week, they could double and then double again. We've waited this long, it would shame to miss the payoff. Let's add them with the usual -50% hard stop. VIX VIX Calls If anyone took this trade from earlier this week and is still holding, these calls serve as a bearish bet for the short-term. No need to buy both QQQ puts and VIX calls...unless you are greedy. VIX Dec VIX Jan
