10baggerbamm OP : if you want to make money you have to be ahead of the curve. I started buying utilities when nobody wanted them July August September and October November last year utilities just hit a multi-year high this past week.
I was buying the leverage gold ETF last year watching gold go up to 1900 no one's buying the mining companies gold has broken out the 2500 mining company stocks have gone through the roof.
this leverage ETF needs interest rates to go down but what you're starting to see are institutions accumulating positions ahead of the curve ahead of the rate cuts. nobody likes a sector nobody on TV is talking about the sector because they haven't built large enough positions yet once they start pounding the table it is too late because they will be selling to you.
with reversion to the mean it's 18 short term by February next year and I believe with a little momentum we will see minimum $20 very realistically and once momentum starts and everybody is observed it people will accelerate their buying which will take this basket within a year and a half so December next year 25 to $30.. at that point we will have had five to six rate cuts probably more and money will be flowing back into the sector every day and people will be saying I like the real estate sector there's certain key sectors within the commercial like the companies that own the data centers that rent that are enormous profit margins well guess what's in this portfolio those companies and others.

10baggerbamm OP : to those that want to buy the call options and I posted what I thought was a good trade yesterday and actually in the past it took me all day yesterday to get a hundred contracts purchased and I was five cents above the bid initially I bid it and there was one other person that went on top of me for a few contracts he got filled and then I sat all day long. there's a very big spread between the bid and ask do not pay the ask be patient and go a nickel above the bed figure out what strike you want to do whether it's a $12 or higher up and I went out Feb 25

10baggerbamm OP : I just looked and you now have a February call I think these are a decent risk reward... and how I would do it as I would sell a February 7 put for 40 cents. and then I use that premium and turn around and buy the $12 call in between the spread for a $1.10 so your net cash outlay is 70 cents a contract.. one has to understand that if the entire real estate market collapses which anything is possible but is it probable at this point probably not but if it were to collapse you would be put an ETF this one at $7 on expiration date or somebody could exercise anytime in between if it was in the money and the only way to avoid that is you'd buy the contract back at a loss. but I think this is a very very easy trade I think it will yield an extremely nice profit because the world is looking elsewhere right now and you have time to accumulate a position and again go back and read my comments for several months on this