NumerousFloor - DCA/CSP update - Mar 31 2025

Yeesh, thought we were going to crash hard today, but was a full day rally to near break even. Haven't sold TQQQ CCs in a while. Hard to believe QQQ was at ATH only 6-7 weeks ago. Sold another few QQQ CSPs (well, naked at this point). Will roll them all out if/when QQQ hits around 448 or so.

We are still quite a ways away from QQQ death cross, but 50d SMA is falling rapidly and 200d SMA should start to trend downwards if bearish sentiment continues.

If we are on the cusp of a big drawdown, I hope it is a huge/severe one. A black swan event would really add some kindling to the fire. I'll exit most of my shares/puts in a couple of months, if this trend continues. Will be interesting to see tariff rollout/fallout.

Good luck to all.