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Non-Tech : The Woodshed -- Ignore unavailable to you. Want to Upgrade?


To: benwood who wrote (59514)3/1/2020 7:44:23 PM
From: SwampDogg1 Recommendation

Recommended By
WalterWhite

  Respond to of 60926
 
Only time the triples work is when you hit extremes
Then they become options with no expiration

Plus with the VIX shooting higher the premiums are too high so the 3x even make more sense relative to buying calls.

A cool strategy is to buy the underlying, write a call at the money and then use the proceeds to buy a triple