How is this not a winning strategy?
UXVY basically never decreases for more than 3 months at a time. So conceptually if you buy any put that is longer than 3 months (let's say 4 months) wouldn't you make money?
Not joking, actually serious.
I read the shares are hard to borrow, so just do the puts thing.
Alternately, you could buy UXVY and average down and average down and then sell on a raise but this seems to have declined a ton so probably don't do that. It's down like 97% since inception and I read somewhere that it has a 90% chance of going down 85% a year or something.
UXVY basically never decreases for more than 3 months at a time. So conceptually if you buy any put that is longer than 3 months (let's say 4 months) wouldn't you make money?
Not joking, actually serious.
I read the shares are hard to borrow, so just do the puts thing.
Alternately, you could buy UXVY and average down and average down and then sell on a raise but this seems to have declined a ton so probably don't do that. It's down like 97% since inception and I read somewhere that it has a 90% chance of going down 85% a year or something.
