Doesn't that assume CLYW and SDS are inversely proportional? What if we hit a bull market and CLYW tanks? Does SDS have a position in CLYW? I don't think so, and if it does, I doubt it is significant. There is currently a short position reported in CLYW of only 140 shares.
I have no humble opinions, but I do have opinions and those are what I express in my posts. BUT...I have been wrong before and likely will be wrong again so do your own research and don't blame me if you are too lazy to do so.