Has anyone ever tried to do options for this ETF? It's a 3x leveraged one, that apparently is supported with options on Robinhood.
Seems like a good way to gamble but is somewhat diversified already so as long as you bet on a market being good or bad, you can multiply this. I surprised they support it actually.
I mean, it's not something I'd put a lot of money on just a though and I was wondering if anyone else had tried it.
For you short term gamblers out there.
Any suggestions against it as well. Obviously with buying calls or puts you have a limited loss of the premium.
I'd like to hear what you all will say.
Submitted November 23, 2021 at 11:16AM by Rarefatbeast https://ift.tt/3oNppOU