Seeking Alpha
  • Brandon Gibbs
    in SPXU calls as hedge
    1/6/12
    Reply (7)
    • Demi9OD: I don't understand calls in leveraged vs calls in the SPY. The implied volatility keeps them from gaining any more...
      1/6/12
    • Demi9OD: and they decay both via option time decay and the underlying leverage decay.
      1/6/12
    • Brandon Gibbs: so better to buy SPY puts instead of SPXU?
      1/6/12
    • Demi9OD: Yes. More to gain, less to lose, and more liquid.
      1/6/12
    • Brandon Gibbs: i see thanks man.. now i know haha
      1/6/12
    • Demi9OD: SPXU implied volatility = 68.6. Divided by 3, is more than SPY at 22.4. TLT is one of the lowest (best) at 20.0.
      1/6/12
    • The_American: Market volatility TVIX Their accumulation period in SPXU & SDS EU downgrades money flows into USD UUPT SCO GLL ZSL & it's a BIG buy GLD SLV
      1/15/12