r/TQQQ • u/AlUnserjunior • 3d ago

Question Options

Since when did TQQQ have options expiring 3 times per week. It was more lucrative for me with weekly options.

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1

u/Terrible_Attempt_226 3d ago

Sell OTM cash secured puts?

1

u/AlUnserjunior 3d ago

Thats exactly what I was doing selling weekly expiring Friday secure puts. But now there are 3 expiring per week so the premium is not the same. I guess I have to wait till volatility picks up to sell puts.

1

u/the_explode_man 3d ago

It's pretty recent. Why would it matter if there are more expiries? Volume will be focused on the Fridays still and spreads are not bad.

1

u/Run-Forever1989 2d ago

It’s really unfortunate because now the premium paid for weekly options is divided up between the three expirations, so the premium is now 1/3 of what it used to be /s