Shorting SPX using SPXU

[js4682603]

You lost me. You apparently want to argue "some notion", which I haven't been able to decipher yet. Nobody else is trying to help you, yet you argue STUPIDLY like my wife. No more for me. ON IGNORE!!

No need to drag your wife into this and insult her in a public forum.

 

[js4682603]

Again, not looking for any help. This was meant to be an intellectual discussion on how SPXU works.

 

[lawrence-lugar]

No need to drag your wife into this and insult her in a public forum.

It's always the smiling, seemingly normal-looking, one's who turn out to be psychos.
Talk about not judging a book by its cover.

 

[jys78]

Again, not looking for any help. This was meant to be an intellectual discussion on how SPXU works.

Read the prospectus very carefully. Think about it. Then sit down and actually model different scenarios for yourself. I expect you may find this helpful. Be sure to include a variety of scenarios (including CHOPPY moves up or down).

 

[srinir]

Take a look at this article. Based on the article, Leverage ETF return can be estimated based on expected mean and variance.
http://www.aaii.com/journal/article/leveraged-etfs-multiplying-by-the-unknown#box

 

[js4682603]

I am thinking that 1x inverse etf like ticker "SH" is better than more leveraged, for whatever reason.

 

[misterkel]

Sure. If the buyer was willing to hold on to the leveraged ETF for the multiple times when the chart indicates that the drawdown was more than 50%.

Kind of defines long-term trade.