I just saw an article about this. Apparently it doesn't lose money even if the market goes down and limits gains.
Is this real?
Here's the text. I can't find a link within my trading app:
On Tuesday, the company’s newest ETF, the Innovator Equity Defined Protection ETF (NYSE:TJUL) began...
I'm pretty sure this strategy won't work because it's apparently free money. This is why I want to try it.
UVXY basically always decreases except for when it spikes. It doesn't spike very often it seems. So just buy puts and take the loss when it spikes (and then buy more puts).
Or you can...