Robert Zingale

Arbitrage Opportunity in Ultra ETFs

Luck-O-Irish I see what you are saying about the exposure. I was originally just looking at the asset allocations within the ETF to construct the portfolio and forgot how the returns on SSO are actually not completely covered under my article. It would be better to replace the $100 with only $75. This would still leave the strategy at a 28.15% return when I wrote the article.

As for what you are saying about the cash not being free, you may be completely right. I have not attempted to complete this transaction yet.