enough talk from me of theoretical examples. Below are the actual trades executed on my account including costs.
You will note that I have been trading the ETF with the stock code UCO in the states. For the first quarter of the year, I have realised profits of $2,650 and sit on un-realised profits of $1,200 (all in USD) without a single losing trade! For the whole of the first quarter, although I presently own shares in the ETF, I did not need to buy or sell any shares of the ETF itself, as each option that I transacted in expired or was bought back.
All trades done are examples of the strategies I have previously talked about.
OOO Price at posting:
$24.76 Sentiment: None Disclosure: Not Held