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73962174
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73962174
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in order to trade some SPY weeklies for fun (I still hold a large position in shares and LEAPS calls.) The chaos and volatility drop after FOMC was too tempting. Profits will otherwise be diverted to newer speculative positions.
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My ETF holdings are mainly the leveraged ETFs which have higher risk profile compared to other type of ETFs. However, my problem with my ETF holding is their lackluster performance. Luckily though they are only a small position of my overall portfolio and I am not looking at profit near term.
That being said, if you google about leveraged ETFs, you will see the red flag as below immediately.
Leveraged ETFs decay due to the compounding effect of daily returns, volatility...
That being said, if you google about leveraged ETFs, you will see the red flag as below immediately.
Leveraged ETFs decay due to the compounding effect of daily returns, volatility...
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