Ultra ProShares are leveraged ETFs that seek double, or more, than the return of other bench marks or sectors. Some of them do the inverse, or double the inverse too. I think it’s something every investor should know about. I know I wish somebody would have thought me about them sooner, or I wish they existed sooner, but none the less they are yet another vehicle to keep at arms length. I just wanted to share the link that will get most investors started learning.
I intend to try a Double-Long-Buy-Write-Market-Making investigation into SSO. I’ll let you know how it works out.