Replies to post #49307 on Traders Cooperative

[cdseller]

RE: shorting leveraged ETFs

Its interesting that you mention that. In playing DIG(2X oil/gas long) and DUG(2X oil/gas short), if I felt bullish on the sector, I found it better to buy DUG puts rather than DIG calls. It seems to take advantage of the natural decay in value of these ETFs.

FWIW Just a seat of the pants feel.

[cy esp]

Taxman - I like the idea, but I have been unable to short some of the ETF's at Fidelity. Have actually been able to implement these short sales?

Thanks, Cy