SDOW, Pro Shares 3 X Short Dow ETF was UP over 6 %, in one day on Dec.17,2018, on a 2 % Decline in the Dow Industrial Average
Rather than buying options, or shorting Dow Futures buying SDOW ETF can easily turn your opinion on the DOW, into a very lucrative payday in just a matter of hours.
And with almost 10 Millions shares traded on Dec.17, institutional liquidity is completely given to you in SDOW, during regular market trading hours.
A traders hint for you. Any kind of Dow rally around the Fed meeting tomorrow, and a pullback in SDOW back to the 18 level, would be as they say, a " Screaming " Buy.
If you believe as I do, that the DOW has both Significant+Immediate Downside Risk then use SDOW to capture gains, that only true short sellers can get.
You do ? Ha :) Buy SDow at 18. Yes Agreed.
But I must tell you, as you prob already know, and a very good point on your part..
few would hold a 3 X Leveraged ETF for weeks though.
FrozenKiwi
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@The_Unwind, Fingers crossed. Everything I look at points down, on all timescales, but you can only have so many red days before a green one just to break the monotony.