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That is a very good description blackvault, good job. You certainly seem to have come a long way since we initially discussed the strategy: "<strong>Blackvault_cm:</strong> I dont disagree with your strategy other than the fact that we are talking about writing calls in a market like we are...

I would have to say anybody who holds these 3X ETFs for more than... an hour, is brain-damaged. Or needs to be parted with his money as soon as possible. Take only a pretty pedestrian (nowadays) whipsaw going from 100 to 95 the next day than back to 100 the next day. That's -5%, +5.3% in a...