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Re: wadegarret post# 113891

Monday, 06/24/2024 1:39:30 AM

Monday, June 24, 2024 1:39:30 AM

Post# of 130097
Flipping the calls on leveraged, three time,

reverse etfs gives lower cost input

needed versus buying shares...

Buy in one day, sell a day or two

later,

and either win or lose,

but next entry is then done with

lower decay impact...

Strategy is about hitting singes and

not home runs...

Offers some exposure if you happen

to be in contracts when bigger down

days come along...

OK, we don't remember what down

days are but they do happen...

Not a great idea for a contest entry

going out a year,

but an SQQQ or SPXS could give 5%

or 10% downside protection if a broad

drop comes along,,,

alas, which is unlikely to make up for

losses on the other 8 picks then...

CASH as number one pick gives better

downside protection over a year...


So we watch...LJ

Gee Beav, rithmatic isn't usually this hard to read!

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