ADVANTAGES

And now for the risky part! Have you heard of the QQQ triple long/short ETF? That’s right, I said triple! Well guess what, they also have option chains. So if the Nasdaq (they also have it for the S&P) drops by say 3%, this ETF (ie: SQQQ) will really drop by 9%. And I don’t know if you’ve heard that when an option goes up/down by 10% you essentially double your money (too much math involved for me to actually prove that, but for short contracts it does sound right based on experience).

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