$Defiance Daily Target 2X Long MSTR ETF (MSTX.US)$ the volat...

$Defiance Daily Target 2X Long MSTR ETF (MSTX.US)$ the volatility premium in this leveraged ETF is nothing short of insane. the price was $220 yesterday it got crushed from the short seller report. November 29th next week. one week in one day. if you were to buy this ETF right now right here you need to do round lots 100 shares.. you can go out and sell a call option just hire than the market and get close to $30 in premiums. I know yes the stock can fall however you just lowered your cost basis by $30 and next week if the volatility continues and this were to fall you can buy back that contract for probably five bucks if microstrategy were to take a big hit next week and go sell another option just higher than the current market so you could conceivably bring down your cost basis by about 40% because of the premiums that are in these options right now. so you have a huge hedge against downside protection and if it gets called away so what you're going to make 20% return on your money minimum in one week.