Anyone trade SPXS or SPXL

Discussion in 'ETFs' started by lylec305, Jul 31, 2019.

  1. lylec305

    lylec305

  2. lylec305

    lylec305

    SPXS up 3.63% today. S&P 500 down 32.8 or 1.09% today. DJIA down 360 or 1.23%
     
    Last edited: Jul 31, 2019
  3. These things are gold mines, but not for protection. Just stick with the downside, but only use options (not naked!). Here is a 10 year run of third Friday to third Friday monthly closes. No comment on how to take advantage. I'll leave that up to you. :)

    TOTAL MONTHS = 118

    DOWN MONTHS = 87
    UP MONTHS = 31

    %UP MONTHS = 26.27%
    AVG PCT UP = 11.34

    %DOWN MONTHS = 73.73%
    AVG PCT DN = -8.79

    AVG MONTHLY RETURN = -3.50
    DROPS >= -8% = 46


    MONTHS UP IN A ROW

    ONE IRUP = 22
    TWO IRUP = 3
    THREE IRUP = 1
    FOUR IRUP = 0
    FIVE IRUP = 0
    SIX IRUP = 0
    SEVEN IRUP = 0


    MONTHS DOWN IN A ROW

    ONE IRDWN = 7
    TWO IRDWN = 5
    THREE IRDWN = 4
    FOUR IRDWN = 3
    FIVE IRDWN = 3
    SIX IRDWN = 2
    SEVEN IRDWN = 1
     
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