Incidents like GME,AMC,DWAC etc happen so infrequently I'm willing to take my chances. Thousands of shorting opportunities are available every day and millions of dollars are made collectively by traders around the world.
You do what suits you as it is your monies you are risking. What you do, has no impact on me as well as other traders. We are only having this discussion for the benefit of other traders in similar situations, who have no clue on the huge risk they are taking.
%% Good points/numbers. I think its 75 %+/ of the time up. One lady asked like, meaning 76% ?? ; no /that means 75% more or less up . But that's a bit misleading acccidently, because that's ALL market moVes . Under 200 dma bear market$ the odds/probabilities \trends are with the bears. OF course most SEPTs tends to be down regardless/ so my comments are some what general. 7 weeks down on SPXL starting with a huge topping tail, this weeks could be up a bit /LOL, its up week to date /LOL; even though SPXL is still below 200dma. SPXL smashed thru 50% level[$150 =52 week peak+/ downtrended below $ 75.777..........................................]