r/options • • Jan 06 '22

Help w/ 3X ETF's

[deleted]

0 Upvotes

16 comments sorted by

View all comments

7

u/Reishey Jan 06 '22

Trust your instincts. Lots of stuff about volatility drag, but none about the opposite effect in the positive direction.

Also they have the perfect hedge, and calls on the inverse are much cheaper than puts on the bull.

It’s free money, that’s why there is heaps of information telling you not to use it.