You are right about individual bios,,,hit/miss.
However, I'm talking mainly about a basket of stocks and derivitives
in a 3X etf(LABU)
No doubt it's risky and moves very fast, but if you get on the right side of it,,,very explosive,,,lol.
FWIW,,,LABU was up 1.79 today and another .75 aft mkt.
Gotta be a bit of a gunslinger with th this, much like UVXY, TVIX, etc.
Also FWIW,,,if the mkt goes where I think it might,,,SVXY putz may not fare to well, however I think your puts are good till mid Jan., so may rebound.
Time will tell and news/election, etc. can change this stuff in a heartbeat,,,lol.
Disclosure,,,I only have 100 shares of LABU, cause it can be a scarey play,,,Boo!!!
IMO