NBIG
Leverage Shares 2X Long NBIS Daily ETF
stock NASDAQ ETF

Disclaimer: This is for experimental purposes, it is to demonstrate and track wheeling and longing on leveraged products, which started mid-June of this year. This retirement account was blown through testing various trading strategies and poor position sizing in relation to risk.
The strategy is to use leveraged products to long and to free up capital for puts & dry powder. Write weekly CSPs on LETFs by selling .03-.09 delta puts. Then, DCA shares into a small leveraged position (\~10%) of either LEAPS/LETFs. Lastly, sell covered calls on the LETFs, and calling them away when we need to size down.
Wrote a weekly put on NBIG (2x NBIS) and it landed well ITM. I decided to close it after a few days, take the loss and move on rather than roll a losing trade. Entered a position on AGQ (2x Silver) because diversification and metals are gaining momentum again.
approx.
90.2% $USD & CSPs
9.8% Leveraged (6% TQQQ, 3.8% AGQ)

Disclaimer: This is for experimental purposes, it is to demonstrate and track wheeling and longing on leveraged products, which started mid-June of this year. This retirement account was blown through testing various trading strategies and poor position sizing in relation to risk.
The strategy is to use leveraged products to long and to free up capital for puts & dry powder. Write weekly CSPs on LETFs by selling .03-.09 delta puts. Then, DCA shares into a small leveraged position (\~10%) of either LEAPS/LETFs. Lastly, sell covered calls on the LETFs, and calling them away when we need to size down.
Wrote a weekly put on NBIG (2x NBIS) and it landed well ITM. I decided to close it after a few days, take the loss and move on rather than roll a losing trade. Entered a position on AGQ (2x Silver) because diversification and metals are gaining momentum again.
approx.
90.2% $USD & CSPs
9.8% Leveraged (6% TQQQ, 3.8% AGQ)