SOXL CSP. 50-70% OTM. 30-40 days out.
Does anyone else use SOXL or TQQQ to target conservative returns?
I have wheeled many individual stocks like NVDA, TSLA, etc. as well as ETFs like USD and NUGT. I don't like the risk associated with holding the stock or ETF. I like the sector ETF's but there seems to be more risk to make money as I can't seem to get far enough out to make a solid return unless it's leveraged like SOXL and TQQQ. NUGT and USD has the premiums but not enough volume and open interest to have an early exit from the position if there's an issue.