Last year, a certain holiday week was founded in secret. It involves the one time during the calendar year when it is a good idea to long the bearish 3x ETFs as a speculative play, rather than a hedge.
While they tried to cancel the festival this year for Covid-related reasons (money printing reasons), it seems the bearish folk are coming out to celebrate it anyway.
TZA is my favorite of the bunch, but my next two favorites have got to be SQQQ and SDOW. SPXS is just not my cup of tea, maybe because the S&P hasn't seen a proper correction in several decades.
Come celebrate this year and show your support with a donation to the increasingly corrupt, 51-week Negative Bagger Association of America (the NBAA) and purchase a share or two this week. Its the only week that its worth the roulette spin.
Good find! how are you planning to do this? shares or call options?
UnknownUnicorn5511258
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@Oatshippo, thanks - options and many of them. i already have a large stack but was waiting to really launch when the probability tilts favorably. id say 6 bucks for next week on TZA will do just fine.
Holding the equity at these prices is something id consider too, just have enough of a position for now.
Oatshippo
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@Perma_Pig Thanks for sharing! The options are nicely priced for next week. Are you going to pick up some 19 Feb too?
UnknownUnicorn5511258
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@Oatshippo, got a bunch for each month until april. not missing this shit.
Investroy
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Good work!
UnknownUnicorn5511258
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@Investroyllc, Thanks! Setting my stop at reverse-split.
Cba1952
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I think your right TZA is a long play, buying today