Leveraged ETF's Giving Big Premiuns for Short Trade
With just 10 days left until the option expiration, I have crunched the numbers on some of the most popular leveraged ETF's and it looks as if they're getting some summer heat. I am the first to admit that I think these ETF's are only for traders (and are an investor's nightmare), but they are so volatile, and bring such great premiums, it is hard for a trader of options like me to resist. A very short hold of 10 days could yield you a nice return considering it is only for ten days (crunch the numbers on an annual basis). I have developed several strategies with these leveraged ETF's which seem to return steady profits month after month, and I usually wait to implement them within the 2 week expiration period.
This analysis requires the knowledge of options. These would be returns based on the buy/write option strategy (as of market close Monday July 6, 2009). To gain a better understanding of the buy/write option strategy and options in general check out my stock options trading E-Books for sale on this blog... http://optionmaestro.blogspot.com
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