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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (2461)	12/16/2014 6:15:35 PM
From: w0z	4 Recommendations Recommended By Blasher Chip McVickar Fintas Kirk © Read Replies (1) \| Respond to of 26875

SPXU trades just like a stock. 100 shares @ 43.50 = $4350. The thing you need to watch is decay over long holding periods. Over time it will degrade more than you might think. seekingalpha.com Personally I prefer options on the indices (SPY, QQQ, IWM, etc.) which have much more leverage than the 3X ETFs but you need to watch them like a hawk because they move extremely fast. One advantage of options is that they don't require the 3-day clearing period like stocks. Close a transaction today and you have access to the funds tomorrow.