SPXL Theta Trade

28 באוג׳ 2019

So we get the decay & a multiplying effect on returns of the underlying index of the leveraged ETFs, as they use option products to create the 3X leverage in these funds. Essentially decay on decay.

31 באוג׳ 2019

הערה

For some reason I thought I rolled the 39/40 P side closer to strike - but I actually did not. Trade is currently basically sideways with an $8 loss.