Gleno, yes UPRO will decay in price overtime, about $10 per quarter. It does pay a quarterly dividend of 0.36 per share. I bought UPRO at 63.14 on 4/1/22 the SPX was at 4545.86 On July 18th UPRO was at 50.67 and the SPX was at 4554.98 So over that 3 1/2 months the price of UPRO deteriorated by 12.47 So for me to make a profit off of this position the SPX will have to get above 5000 After a long period of time I may decide to sell it for a tax write off. Right now my cost average is 54.32 the SPX will have to get above 4750 to break even with my current positions. So far this year I have bought 1000 shares and sold 1300 shares, year to date I am up $13566