Trade idea on TZA

Discussion in 'ETFs' started by hajimow, Jan 29, 2013.

  1. hajimow


    TZA has been down a lot because small cap has been resillient recently. I see some signs of life in TZA and here is my trading ideas:

    1- For those who buy the underlying, just buy the shares at 11.
    2- For option traders, Buy Bullish call 11-13 spread for March.

    Remember if TZA moves up, since it is 3X IWM, the move will be fast and very profitable.

    You can always set your own stop loss but I would recommend 10.65 as stop loss for the shares.
  2. tza , vxx , tvix are all fraud etf
    They keep loosing value
    If u keep shorting them u will probably make a lot of money