SOXS is destined to die unless a world shaking event occurs
u/VocalConservative ·
Reddit — r/wallstreetbets
· May 26, 2026 at 22:15
· ⬆ 31 pts
· 💬 21 comments
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SOXS, the daily 3x semiconductor bear will lose value even if the ICESEMI index will go sideways. I don't see a way for ICESEMI to collapse for the next two to five years unless an earthquake craters one of the NVDA, MU, AMD, AVGO, or MRVL factories.
What is to stop me from loading up on SOXS Jan 2028 puts? I was thinking about this since Friday. I should have pulled the trigger, would have made around 43k already by today.
Any counter-thesis that I am missing? Why do more people not do this? It's free money. Look at its charts:
https://preview.redd.it/dognecve3k3h1.png?width=1006&format=png&auto=webp&s=a6059cb1e12086a99f0c316ed9e8f9331cdb2db0
https://preview.redd.it/0ym4yndf3k3h1.png?width=1001&format=png&auto=webp&s=287d2cd831c1b3cb490d7d84b8c2403c8df377a7
https://preview.redd.it/xujsbszf3k3h1.png?width=996&format=png&auto=webp&s=0806b379eb4a1ac69f9ae3951360042fbeb6a62a