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In any case, I am hedged with multiple put contracts against TQQQ and SPXL.
In my view, it's time to rebalance TQQQ and take profits, as the index has been so incredibly strong and the upcoming months are expected to be statistically weak.
I/we have a beneficial long position in the shares of TQQQ either through stock ownership, options, or other derivatives.
Source: https://seekingalpha.com/article/4568322-qqq-etf-forecast-2023?source=feed_all_articles
With TQQQ up 142% and QQQ up 40% year-to-date in 2023, it is time to concentrate on the subsequent development.