Nov. 15 at 5:38 AM
Word to the wise. Tickers like
$TSLL $METU should only be traded on stock.
For example: when you buy calls on
$TSLL or
$METU you pay compounding theta from daily futures swaps on those ETFs + the management fee that are baked into the option Greeks.
Moral of the story here is being an options seller on leveraged ETFs is much more advantageous vs a regular ETF, on the flipside you are at a bigger disadvantage as an options buyer (big time gambling vibes by applying options leverage on an ETF already 2x)