Short 3x etf is very high % win trade if we dont include borrow cost?

Trend day happens but it is like 1 or 2 out of 10days

 

Short option is risky is even small amount. Short vix optin can easily lose 20 times of your money on table.

 

%%
Something like that/good trend.
But to put it simple,, anything trends;
[1] up
[2] down
[3] sideways/chop/slop[aka =barbed wire]+ thats bad for leveraged 3x .Better off with cash or dividend payers/ETFs...……………………………………………………………………………………Wisdom is profitable to direct.

 

Several years ago so don't remember.

 

Ok, I give up.
Can't wake a person who is pretending to be asleep.

 

Always good to see posts from anyone who has walked-the-walk, no matter what the strategy.

 

Have a look
https://www.barchart.com/stocks/quotes/$VIX/options?expiration=2020-10-28-w
Current the vix call at 30 strike is raising +346.67%. If you had short call this yesteray, you are losing 346.67% in a day. That is almost impossible for any popular 3x ETF.

And today is nothing closed to stock market crash yet.

 

1. I'm occasionally long / short volatility ETFs and it always "feels" like a bad idea if I look at a chart
2. Positions have to be very small. Might consider short hold internals to reduce a risk of getting stuck a prolonged volatility spike

Interestingly enough, every single trade in them made money this year.



Val

 

Anyone likes to short 3x?