UPRO
ProShares UltraPro S&P500
Mentions (24Hr)
-100.00% Today
Reddit Posts
The "bull case" for SpaceX: re-running the Tesla dilution playbook?
The "bull case" for SpaceX: re-running the Tesla dilution playbook?
I hold UPRO above the 200day SMA, since selling in March and reentering in early April here's my performance
Is UPRO a good long term hold?
Long UPRO shares instead of SPY calls for a 2-week directional view — critique my structure choice
UPRO $432 YOLO, avg 99.16, stop at 105: poor man's 3x SPY trade
I am building Aurora, the world’s only truly Autonomous Algorithmic Trading Agent
What would you do if you had $5,000 per month to invest at 30?
(05/23) Trump Comments Causing Market Volatility! - Interesting Stocks Today
(05/23) Trump Comments Causing Market Volatility! - Interesting Stocks Today
More lucrative and capital efficient alternatives to SPY and QQQ for selling CCs and CSPs?
How to hedge portfolio and trade amid this market
Bought in an hour ago, now looking to sell — what pattern day trading rules apply to me?
It you are looking to buy the bottom wouldn’t it be best to buy triple the upside with UPRO?
Lost $671K This Week—But I'm More Bullish Than Ever (Strategy Notes Inside)
Can someone please explain in simple terms whether/how an ETP is inherently riskier than a corresponding ETF?
Why is TQQQ / UPRO not considered a good long term investment?
Does a 1/3 3x Equity ETF & 2/3 cash make sense now with cash paying 5%?
Crayon eating journey with my day trading retirement account (Roth IRA) from 7/22 to 3/23
Calculating the expected annual tax drag of a portfolio due to rebalancing
Are there downsides to leveraged index ETFs if you have a long time horizon?
How do you accurately calculate percentage change?
Can leveraged etfs go to zero without index being down 33%+?
The Recession has already happened, and you missed it
America is fine. Our economy is Serena Williams ass, we are going smash glaciers like global warming and as the rest of the world crashes. We are going to bounce very hard into our next evolution. Expect to see the Great Roaring 20s of the 21st century.
Why are leveraged ETFs like UPRO discouraged for long term holding, when just looking at "what if I bought $1000 in year X" pretty consistently shows a 3x return over S&P over those years?
Is it possible to spend all my fund and margin fund on leverage eft and crypto?
38% win rate is enough to beat the market, all you need is consistency
thoughts on my return stacked leveraged ETF portfolios?
Thoughts on my return stacked leveraged portfolios?
thoughts on my return stacked and leveraged portfolios?
Dodged a bullet today with a risk that I would have never foreseen. Way out-of-whack valuation on way otm contract.
Is there something I'm missing? Leverage ETFs seem great.
my boyfriend is obsessed with investing and it worries me?
Backtested a Volatility Strategy From an Academic Paper, Beat Market by 4x
Backtesting a $100k UPRO portfolio with long $HYG puts as a hedge (replacing TMF in HFEA, the Hedgefundie portfolio)
Backtested a Volatility Strategy From an Academic Paper, Beat Market by 4x
Call to Action; FINRA Notice 22-08 (Important if you trade UPRO, TQQQ, TMF)
What are the risks when short selling a leveraged inverse ETF like SQQQ? Other ways to capture value from volatility drag?
Does leveraged funds options take into account decay and expense ratio?
Mentions
Two things to address before picking the structure, plus a sanity check on whether options is the right vehicle at all. First, your 72% win rate is on the underlying hitting 1%, not on your option P&L being positive. If SPY hits 1.0% on Tuesday and closes Friday up 0.6%, an ATM call you bought Monday may still be down on theta. Rerun the backtest on actual option P&L, not the underlying hit rate. That's the metric that decides everything. Second, your edge is directional, not vol. Naked ATM calls expose you to both, which is wasteful. Bull call spread (buy ATM, sell at your +1% hurdle target) isolates the directional bet from the vol bet. Use the weekly that expires Friday, not 30DTE. Your forecast horizon is one week; a 30DTE option has 3 weeks of theta you paid for but won't use. Sanity check on the bigger question. Your Scalper avg return is 0.33% of the underlying. After option mechanics that's maybe 5-8% on premium, before commissions and bid-ask. The Holder variant gets 0.58% but the win rate drops to 58% which is barely above baseline 57%. There's a real chance the model's edge gets eaten by option transaction costs at this magnitude. Worth running a parallel backtest on SHARES with leverage (SSO or UPRO) and comparing net Sharpe before committing to options at all.
UPRO:VOO 40:60 and rebalance at 20% drift from target allocation
You can trade it, or you can make money above the 2x or 3x daily multiple investing long-term. Tell me why TQQQ and QLD or UPRO and SSO are far above 3x and 2x gains, respectively above their underlying index for the same timeframe
lol of course my stupid bid on UPRO calls filled with 2 minutes to go.
I just bought 30 grand of UPRO. Just a quick selloff. When we pump you pump we pump. Good luck, chucklefucks.
TQQQ or UPRO feels a lot safer than IGV.
Hey everyone, I’m 24 and I’m trying out a lifecycle investing strategy using leverage while I’m young. Right now my allocation is: 43.75% UPRO, 56.25% VXUS This gives me around 70/30 US/international exposure, which is what I’m aiming for... So 1.875 leverage. My plan is to rebalance using 5/20 bands. Basically I’d partially rebalance when things drift to the inner bands, and more seriously rebalance if they hit the outer bands. Any DCA money and dividends would also go toward rebalancing instead of just buying whatever. I’m planning to start deleveraging around age 32. I'm not sure when ill be completely deleveraged though, but I think around 40 potentially. Would appreciate any thoughts or criticism.
#Why buy SPY when QQQ is pumping 3x more and their down days are almost similar? #QQQ is basically UPRO at this point without the leverage and fees.
Why buy SPY when QQQ is pumping 3x more and their down days are almost similar? QQQ is basically UPRO at this point without the leverage and fees.
Like hell. 20% downturns happen. I’ll keep my UPRO with a cash hedge.
Go to r/letfs. And recognize that decay is amplified by both borrowing costs and beta/volatility. I personally like SSO and UPRO best for LETFs. I haven’t backtested your strategy and have no specific opinion on it.
I know I’m 10 days late, but why’d you pick SPXL over UPRO?
>[*“Doesn't matter what the press says. Doesn't matter what the politicians or the mobs say. Doesn't matter if the whole country decides that something wrong is something right. This nation was founded on one principle above all else: The requirement that we stand up for what we believe, no matter the odds or the consequences. When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world -- "No, YOU move.”*](https://www.reddit.com/media?url=https%3A%2F%2Fi.redd.it%2Fi1un7mkv3dr11.jpg) I still think bears are dumb af. I was bullish AF in 2022 and 2023, started deleveraging out of UPRO in 2024, got out of BRZU 2025 while building up 10-20% cash/note/defensive position, got out of INTC 2026, and hopefully will deleverage out of TNA/URTY/UWM to IWM/UWM this year or next year if it doesn't collapse. Lowering leverage from 2-3x and single stocks to more defensive mix is a process and not a fucking sell out complete 1 day before black Monday.
>Everyday I get closer to never wanting to look at a chart until this corrupt piece of shit is out of office u/Rez-_- As a bear I'm this 🤏 close to fully crack mentally soon. Go full port UPRO, delete my app, never check markets if printer is still on next FOMC. 25 days left.
I know an accredited investor who has multiple 7figs. They don't have allocations to those either outside of their VOO/SSO/GOOG/BAC/MSFT shares. Easiest way to get exposure is via GOOG/BAC (SpaceX), MSFT/AMZN/NVDA/9984 (OpenAI), and CRM/ZM (Anthropic). Then if you own VOO/SSO/UPRO or QQQs which owns many of these companies then you'll have some indirect exposure to these companies by proxy as well. Alternatively there are a few etfs that let you get exposure by proxy too.
>BERS SEETHE AND CRY😂 I'm too dead inside to cry. Another dovish FOMC and printing through mooning inflation and I'm going to shove a glass jar in my asshole and squeeze tight, hope for the best. AKA full port UPRO.
I'm too dead inside to cry. Another dovish FOMC, money printer going BRRrrrrr through mooning inflation and I'm going to break a glass jar in my asshole. AKA full port UPRO.
OP have you seen the [UPRO/TMF strategy](https://www.optimizedportfolio.com/hedgefundie-adventure/)? Adding some bonds to help with recovery if the leveraged ETF drops again might be a good risk mitigation.
At this point I just buy and hold UPRO. It’s worked surprisingly well.
Just buy 80% SPY and 20% UPRO and you will beat SPY without the concentration risk. Or full port SSO, you’ll have the same volatility and drawdowns as all these meme stock picks but good long term returns. Or QLD if you want tech, its better then 100% in just 8 tech names. If you asked this question in 1999 people would have told you to buy JDSU, CSCO, INTC, QCOM, WCOM, SUNW, DELL, ORCL. Some went to zero, some were dead money for 10-20 years.
Thx. I think I might quit trading options for good and jump into TQQQ or UPRO. I have been doing some stock trading on my wife’s IRA (we turned off options for her) and looks like ai have solid returns with stocks
If you are using leveraged ETFs, at least compare yourself with the leveraged SP500 no? SPXL/UPRO. SPXL is up 105% over the past 2 years -> You generated no alpha
Someone told me SOXL, TQQQ, SNXX, MUU, UPRO 1/5 each is better?
That's why you go 1-3x Russell 2000 with IWM/UWM/TNA to cover you bases on TQQQ/QQQ, UPRO/SSO, or whatever megacaps you have.
Great question, friend! I feel similarly. However, when I give into the dark urges and spin the options roulette wheel I hit some winners but my overall was negative. What’s more, I took money out of TQQQ and UPRO to make bets. If I had simply left my money in those two ETFs I would have done much better.
Tesla's addition to the S&P 500 on December 21, 2020 didn't kill index investing, but the big gains were already made by the investors who got in early. If you bought TSLA on the day it joined the S&P 500, but you would have [dramatically underperformed the S&P 500](https://testfol.io/?s=4ckoqvB5ItF) at much greater volatility. In fact, you would have worse returns than you parked 25% your portfolio in SGOV, but your volatility would be higher than even 3x daily leveraged UPRO and similar to TQQQ (don't do this). | Ticker | Cumulative Return | CAGR | Max Drawdown | Volatility | Sharpe | |:--|:--|:--|:--|:--|:--| | TSLA | +84.07% | +12.03% | -73.63% | 59.39% | 0.43 | | VOO | +114.93% | +15.31% | -24.53% | 16.66% | 0.75 | | 75% VOO, 25% SGOV | +87.47% | +12.41% | -18.49% | 12.45% | 0.75 | | UPRO | +288.24% | +28.73% | -63.94% | 49.86% | 0.69 | | TQQQ | +245.49% | +25.96% | -81.65% | 66.48% | 0.63 |
The math isn't wrong but the assumption is. 100:1 leverage means a 1% move against you wipes your entire position. A 15% drawdown tolerance doesn't apply here — you'll get margin called long before that. Brokers close leveraged positions automatically, they don't let you "wait it out." The war on Iran example is exactly the kind of event that causes massive overnight gaps. Markets can drop 5-8% in a single candle before you can react. At 100:1 that's game over before you even wake up. If you want leveraged S&P exposure, 2x or 3x ETFs (like SSO or UPRO) are brutal enough for most people. 100:1 on $5000 is not investing, it's gambling with a margin call timer running in the background.
Let's say we accept the premise of 2.42x leverage (or 1.5x, or whatever), the mechanism through which you get that leverage is imperfect. Leveraged ETFs kinda suck (look at performance of UPRO and SPY since Jan of '22 as one data point). You could borrow against your portfolio to buy more SPY, and then you have to take interest (and liquidation risk) into account. Leverage isn't free, and should be taken into account in any modeling you do.
I only trade broad market.... qqq, spy, soxx. Im always invested. The only thing I do is increase or decrease my leverage. Wheb volatility spikes and RSI dips I start selling qqq/spy/soxx and start buying TQQQ/UPRO/SOXL. When we see a dip over 20% i start buying leaps. As the market recoveres I sell my leveraged positions and start back buying spy/qqq/soxx This keeps me invested at all times, I lose less on the downturns than I make on the recovery, and the only real risk is on the LEAPs.
No one knows about supply shocks but if I had to guess? Probably look for the high quality among the cheapies (Mag8 dips, MSFT among Saaspolocypse, LVMH/NKE to play the rebounds instead of say TPR, strong industrials like DAL if it dips), inflation hedges like gold if it's below $4k or pricing power strength via AXP/V/MA on better PE valuations, probably deleveraging from UPRO to SSO and SSO to VOO now, commodities might be good but it's too hard to guess, RE if you can afford it, and probably don't hold too much cash but if you do then probably just a small amount in ST notes. I think this cause I see inflation coming down the pipeline.
Man I’ve been swing-trading UPRO based off social media posts. And slaying it.
I bought 100k of UPRO at the ATH… this is going to go very very well for me, I just know it!
My annual proof of membership to r/wallstreetbets. Here's last [year 2024](https://old.reddit.com/r/wallstreetbets/comments/1htpaje/1_year_65_options_760k_naked_put_option_downside/) Anyways, some wallstreetbet brothers suggested that I shift focus more towards selling index or SPY. Turns out selling SPY puts is indeed a pretty handy trick when 🌈🐻 don't bite for other options. Liberation day lead to me getting called on a few of my puts but luckily I had the cash on hand to cover. Sadly I sold out of the TNA/UPRO I got assigned as soon as they were break even or had gains (so I could immediately sell more puts).
SSO, UPRO for SP. People use QLD and TQQQ for the Q’s, but I don’t mess with those.
I sell puts on SPMO and UPRO.
https://preview.redd.it/hgnweqs82mvg1.png?width=2364&format=png&auto=webp&s=6703b7d77710d01cb365cd4f7b7c7090d4d21d57 Strong breakout on 6 hours, Market is pricing in the war ending, Long on UPRO, regime is changing and expect a sharp breakout to continue
Tell them UPRO was the move. It’s right there in the name.
So you posted "This is going to be a beautiful quarter for put holders and an extinction-level event for anyone who bought calls", didn't mention UPRO in your positions and are now claiming you hedged with calls, you didn't stop out as of 3 days ago at which point you'd already be at max loss, and you're now posting about a bullish thesis! XD You are a top tier regard!
https://preview.redd.it/99g8i7i03fvg1.png?width=1558&format=png&auto=webp&s=479acf7703192e275036efbdf276ba1fa2fb4561 Lol what loss, I was hedged with UPRO
https://preview.redd.it/yeoyw8vx2fvg1.png?width=1558&format=png&auto=webp&s=5614254b2a9ed88d7507aea55b6913dfb1ca976a It's ok had UPRO that saved my OTM cent puts lol
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy. Learn about exponential hedges, I don't deploy everything I ratio bet. I can do fundamental anaylsis, It does not matter if the chief cheeto breaks international and domestic law lol, did you see the CTC investigation
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy. Learn about exponential hedges, I don't deploy everything I ratio bet. I can do fundamental anaylsis, It does not matter if the chief cheeto breaks international and domestic law lol, did you see the CTC investigation
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy. Learn about exponential hedges, I don't deploy everything I ratio bet. I can do fundamental anaylsis, It does not matter if the chief cheeto breaks international and domestic law lol, did you see the CTC investigation
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy. Learn about exponential hedges, I don't deploy everything I ratio bet. I can do fundamental anaylsis, It does not matter if the chief cheeto breaks international and domestic law lol, did you see the CTC investigation
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy. Learn about exponential hedges, I don't deploy everything I ratio bet.
There is no loss porn I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy. I like exponential hedges and my stops are tight.
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy.
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy. Learn about exponential hedging
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy.
Considering I hedged with UPRO, and the options were deep OTM, no lol. Learn about greeks buddy.
Which 3x leverage do you buy? TQQQ? UPRO?
I have just been sitting on it. Will give it a few weeks. Market might tank again. I like to buy triple leveraged TQQQ and UPRO when market crashes. Otherwise I follow a boring DCA into VOO strategy
I buy UPRO it dumps I sqqq it pumps
Update, UPRO is past 110 now, stop moved up/
>The only decay is the LETF internal volatility drag, which at current realized vol (~10-12%) compounds in the low tens of bps over 2 weeks. Over 6 months it's brutal. I'm not holding 6 months. It's actually perfectly fine to hold things like UPRO over long periods, especially as part of a well constructed portfolio.
yeah, not commenting on what direction spy will go. Just saying your UPRO can still lose money if spy just goes up and down a little over the next two weeks. even though you aren't losing money to theta
UPRO $432 YOLO, avg 99.16, stop at 105: poor man's 3x SPY trade **Position** * 4 shares UPRO @ 99.16 avg * 68.93% of port (do not ask about the other 31%) * Open P&L: +$35.57 / +8.97% * Stop: $105. Hard. No moving it, no "just let it breathe bro" **The trade** I'm long 3x leveraged SPY into a tape where every large cap with three letters and a GPU is signing nine-figure capex deals before lunch. Meta just committed another $21B to CoreWeave this morning. Amazon is stocking Lilly's weight-loss pill in kiosks like it's Red Bull. The machines are buying, the boomers are buying, and the only thing the Fed is doing is watching. If you believe the AI capex cycle has another quarter in it, the cleanest way to express that without picking which hyperscaler ate the most glue is long index. And if you want 3x the pain with 3x the upside, that's UPRO. **Why UPRO and not SPY or futures** * SPY: boring, I'm not a pension fund * ES: I don't have the margin and I like sleeping * SPXL: same thing, Direxion just has worse swag * UPRO: 3x daily reset, tight spreads, and the decay only kills you if you buy chop. I did not buy chop. I bought the breakout. **The stop** 105 is \~3% below spot. On 3x that means SPX needs to drop \~1% through my line to clip me. Below 105 the chart loses the short-term structure I bought on and I'd rather eat a $15 loss than sit here arguing with the tape for two weeks. If we hit 105, I'm out. No averaging down. No "maybe just half." Out. **Risks** * AI capex trade finally gets the cold shower. Meta's $21B got a lukewarm reception this morning and if the next hyperscaler print misses on margins, the whole complex rolls * Hot CPI or labor print drags yields back above 4.5% and the multiple expansion thesis dies in a ditch * Leverage decay if we chop sideways for a week. UPRO bleeds in range-bound tape * I have four shares. Four. If I'm right, I buy a nice dinner. If I'm wrong, I buy a less nice dinner **Positioning** $432 notional, \~$1,300 equivalent SPY exposure at 3x. Stop at 105 = \~$12 max loss from here, \~$15 from avg. R:R at this point is basically free roll because I'm already sitting on +$35. https://preview.redd.it/u14h6df4o6ug1.png?width=924&format=png&auto=webp&s=9cfa923a73416a167d87c44c1fb858c8616374b5 Not financial advice. I'm a guy with four shares of a leveraged ETF. Take trading cues from me at your own regardation.
I didn’t mean SPY was going to $650 today . Anyways SVIX calls are an option instead of buying shares of UPRO.
You typed all of that (no I didn’t read it all) over 4 shares of UPRO?! SPY going back down IMO. I’d take your profits and go short. VIX is considered to be inversely related to SPY. Some options, for Options. SVIX calls, UVIX Puts. Leveraged, liquid, weekly’s avail.
I’ve thought about it a lot as I got closer. And here is where I landed: 5% speculative (individual growth plays you have high conviction for, maybe 10 specific companies), 15% leveraged index (I like UPRO). 40% VOO (core index, can’t go wrong in the long-term, 40% hedge (Heavy cash, heavy short and long term T-Bills, Gold, maybe some small inflation-resistant shit like health care and defense ETFs or commodities). That gives you essentially 85% effective equity market exposure with a ton of dry powder.
So I shouldn't have unloaded my whole portfolio into UPRO after Trump said we all good?
I chose TQQQ and UPRO on the TACO Tuesday menu today
I'm 50/50 in equities and "hedges"; equities are SPY and VT, hedges are a mix of bonds, cash, managed futures. Hedges included gold until a few weeks ago, sold that once it was obvious countries needed capital to hoard oil. I'll scale back to 100%+ equity exposure once SPY crosses it's 200 day, probably with UPRO+TQQQ with trailing stops and protective puts in place.
You know buying UPRO outperforms SPY holding forever & dcaing if you buy it in any recession, right? You should have listened 🥭, the king of bears. A bear is not someone who wants a bad market, just a pullback to profit the short and then the upwards later. That's how fortunes are made and kept in
It goes up and down 3x (in theory) mirroring the fluctuations in S&P. You cannot position leverage to work only in one direction (mathematically not possible). You can see this if you chart S&P and UPRO on the same graph.
I closed my UPRO puts at open b/c I know this is a clown ass market
As Fidelity's caveats tell us, these are dangerous instruments where you can lose all your money. So, be cautious. Read the book "Black Swan". We cannot forecast the extreme events that can wipe out our wealth, which is a critical concern in retirement. But in small doses, leverage funds can provide some boost. I use UPRO, EFO and EET.
I hear this comment all the time. There are theoretical rationales (decay, tracking error etc.) behind that criticism. I have been a long term investor in leveraged ETFs. UPRO has produced a 30% annualized return for the last ten years. Hard to beat that even after we consider the negatives.
Lowered my exposure by 2/3 on 20 March. I will get back in 100% when the S&P 500 is 1% or more above its 200D SMA. I use UPRO risk on and SPYM risk off. Up 80% since 2024. Before that I used to be just a buy and hold investor.
VOO, SSO, & a little UPRO. scale larger buys the more the market drawsdown
So buy UPRO at 10:29am PDT?
You just suck at trading. Follow the trend instead of trying to time reversals. If the market is moving up from 9:30am-10:00am EST, buy UPRO instead of trying to guess the top and buying 0dte SPY puts. It's that simple!
I bought UPRO on the dip on Friday and sold everything after his fake victory tweet, feel better than ever
Unethical, I only use UPRO/SPXY these weeks
Bought UPRO, already sold after pump, I'm still extremely bearish
Bought UPRO on 96.00, sold on 99.45, I'm done for today, war is not going to end soon, everyone who holds during the weekend must be regarded
Bought UPRO fullport for 96.00, should I keep it or better to sell now?
>someone who thinks leveraged ETFs are a long-term strategy. I've held $UPRO (a 3x sp500 etf) for 5 years now. It's currently up 434%. I think that long term strategy is working out ok so far. Also, why the dislike for triple leveraged etfs when people in here are losing everything in one day on 0dtes and other options?
not particularly, theyre obviously higher than passive funds (UPRO is around 0.7% or so iirc) but for managing all the stuff i need pretty passively its a fair trade off and i cant do futures to replicate their strategy myself in a retirement account
Tinder date asked where I see myself in 5 years. Pulled out my UPRO cost basis spreadsheet. She ordered an Uber before the food arrived.
It's unethical IMO, the only ethical choice for me now is SPXU/UPRO
Yes. I stopped trading UPRO(3x S&P) on dips, and started trading SPXU(-3x S&P) when SPY hits resistance. My strategy is extremely boring. Only trade those two.
Oooooo same I’m sitting on a bunch of UPRO and TQQQ ATM Calls. We can lose it all together buddy !!!
Awesome job. Now instead of the slot machine 0dte, trade shares of UPRO (3x) or SPXU (-3x) if you actually want to build your money in a safer trading environment.
To whomever paper handed the fuck out of their UPRO options on the lowest end of the spread. Thank you for making me 21.25% in the blink of an eye.
January 120 UPRO calls are looking like a snack
Why stop at that? Just buy the shortest dates calls on a 3X leveraged ETF. The more volatile the better, so no UPRO/TQQQ. Go for NVDL or something and buy weekly calls.
UPRO, TECL, URTY. Mostly UPRO. I was tempted to go into SOXL Monday, but it's been giving me bad vibes. Over time I've learned that with these small dips, I can wait out further downturns in UPRO with no problem because the decay is not as bad, which also makes it easier to continue to buy more as the downturn continues. The decay on TQQQ, SOXL, TECL, URTY can suck real bad especially on deeper downturns. I have a long term 600k that's all profit that I let ride in LETFs (over 400k of which is UPRO). When it gets more than 50k there I harvest profits from that over time and place in the S&P or Nasdaq. When I put new money to work in LETFs, I also leave the profit in there. I've been doing this for many years.
I bought UPRO on that mid day low and sold on the dead cat bounce. +0.50% on the account today. Got something out of this bloody bear day.
I know we're only <2 months in, but I'm +19.28% YTD trading purely on UPRO (3x SP500).
Yep. I’ll go leveraged SPY when UPRO hits $50. Not a penny sooner. SGOV ftw until then.
You could add a small % of leveraged position. Yea yea volatility drag, decay, etc etc. Look up lifecycle investing which shows that 2x leverage is recommended early phase of investing and deleverage with age. If you want a "little somethin", you could do 90% VT and 10% UPRO which gives a 1.2x leverage
At least you're only like that on one side? I'm like that both sides. Sold my some of my SSO/UPRO late 2023. Exited all of UPRO early 24. Sold out of my BRZU early 2025. Sold some of my UWM late summer 2025. Added cash/stock each time and feeling like an idiot who wasn't patient enough to hold on to leveraged ETF positions but also an idiot buying back into unleveraged stocks/etfs at record high valuations.
MAGS, SHLD, UPRO, CHAT FOR the next 25 years
VOO, SPMO, IWY, GDE, but safe is a relative term. If you have a 20 year time horizon, I personally would take market risk and not worry about drawdowns. In fact, if you get a substantial drawdown, there is a way that I have successfully used. You sell a small percent of these funds and buy some leveraged etfs of something similar like SSO/QLD (2x leveraged etfs) and an even smaller piece of UPRO and TQQQ (3x leveraged etfs) until you portfolio gets back on its feet. Then unwind the leverage and put the money back into the original etfs Works like a charm and gets your portfolio back on track in a far shorter timeframe than simply holding
What are you going to do if we get a bear market in the next year? You can get UPRO and at least bag hold.
I have been trading ETFs like TQQQ, SOXL and UPRO. Other than these three 3x, most of the 3x ETFs has the real risk of disolution at the low price when volatility peaked as high as 33% (most likely you know this). Even this index LETFs are safe by circuit breaker. As far as I know, US systems do not have emergency restrike. If you do not know what is restrike, google "WisdomTree emergency restrike of 3SIL (3x Silver) to prevent liquidation" To know more about 3x ETFs, read this person's blog [https://www.reddit.com/user/modern\_football/](https://www.reddit.com/user/modern_football/) This is too much theory, if you do not like it skip it. Good Luck and Happy investing.
Sold out UPRO at 120.5 (cost 118.5) and took profit, good enough 😁