Meet Kevin on $SOXL (Nov 5, 2026)
SOXL looks attractive technically, with a minimum Fibonacci retracement at 39.5 making the speaker optimistic and a straight-up move possible, but he does not touch 3x leverage or buy options after the volatility index rose 69% in one day.
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Oh, buy Nasdaq call options, buy SOXL options." Dude, I mean, I understand the boldness here, but you have to be very careful about the collapse of volatility, because when you buy options, you're not really buying the price, you're buying the volatility.
You know, look at something like "SOXL". I mean, I understand that, but it's 3x leverage. So, maybe, I mean, after all, look at it. I have a minimum for "SOXL". My minimum Fibonacci retracement for "SOXL" is 39.5.
So, half of me looks at this and says, "I don't know, man." The Fibonacci retracement bottom? My friend, register me, my dear. This makes me optimistic about "SOXL".
Honestly, you can go straight up from here. You get a deal with Iran, which at this stage seems like just a mirage. I am extremely disappointed that Trump did not prioritize this.
Whatever the case. There is talk now that the Nasdaq 100 is two weeks away from a nuclear weapon , and so Trump is bombing the Nasdaq 100. But anyway, I mean, this is a very attractive situation .
I will say that. This is a very attractive center for SOXL.
I don't touch 3x leverage, and I don't touch buying options when the volatility index goes up by 69% in one day,
What this channel has said about $SOXL
Meet Kevin has 2 calls on this stock; only the adjacent ones are shown.