The SQQQ offers a 3x move on the underlying SP, this will give a little more leverage as options are so unpredictable. My strategy as published on the E Mini trade is based upon investor sentiment being so high with the small investor and so low with the large institutional investor.
I am shorting the Minis here because the sentiment indicators are showing the small investors all in, and the big money is sitting it out at a multi year low. The little guys
are usually wrong and the big money is usually right. We just saw the announcement of two vaccines for Covid 19 and so little action its pathetic. So here is where I short.