Replies to post #1459 on Direxion Daily Financial Bull 3X Shares (FAS)

[shankapotamus]

Just buy a few options on the pops/dips. I hold them overnight all the time for nice returns. You have to be patient to make an entry though. If one of the 3x ETFs runs up like 8%, buy puts just out of the money and sell them the next day. Four out of five times it works for me. I've been playing puts/calls on FAS alone doing just that. Just an idea.