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  • Understanding Triple Leveraged ETFs [View article]
    Just remember from the excellent articles on thestreet.com by Eric Oberg - here is the link - www.thestreet.com/stor... -
    I trade them, have not figured out the arbitrage yet, but the bottom line is that you are dealing with not simply the index itself, but the second derivative of volatility. Essentially, you are playing options and don't even know it. That is why Cramer and crew are so pissed off. Have fun and be careful with them!!!!
    Apr 13 10:23 am |Rating: +6 0 |Link to Comment
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