Replies to post #59674 on ETF SWING & DAY TRADING

[bbgold]

Yes, I already sold SPXU 13 Calls
If I pick up TNA and write calls on it also I would be covered a bit in either direction.
Right now I am just 20% SPXU and the covered calls on it.
I started watching the covered calls back in Nov when SPXU was having big swings. Still not used to using them but the last 2 months they would have worked well for a hedge. Thinking the same thing with TNA here especially with the high premium short term.