SSO
ProShares Ultra S&P500
stock NYSE ETF

Correct, just to clarify I was not saying that SSO is similar. I using the SSO as an example of when companies restrict how you able to use a technology.

Your example is SSO, not passkeys, right? When a site uses SSO they just ask a trusted provider (e.g. google) for the user's email address, and accept that ID as authoritative without maintaining a password for the site.

DITM LEAPS at 0.8-0.9 delta are basically synthetic stock minus dividends plus your cost of leverage, so the main thing to watch is how much extrinsic value you're paying relative to just buying shares on margin. Rolling every 90-180 days adds spread slippage each cycle, which can quietly eat into whatever edge you're capturing. On a small account, concentration in two instruments (SPY + GLD) is fine if you have conviction, but have you compared the carry cost to a leveraged ETF like SSO for the equity leg?

Correct, just to clarify I was not saying that SSO is similar. I using the SSO as an example of when companies restrict how you able to use a technology.

Your example is SSO, not passkeys, right? When a site uses SSO they just ask a trusted provider (e.g. google) for the user's email address, and accept that ID as authoritative without maintaining a password for the site.

DITM LEAPS at 0.8-0.9 delta are basically synthetic stock minus dividends plus your cost of leverage, so the main thing to watch is how much extrinsic value you're paying relative to just buying shares on margin. Rolling every 90-180 days adds spread slippage each cycle, which can quietly eat into whatever edge you're capturing. On a small account, concentration in two instruments (SPY + GLD) is fine if you have conviction, but have you compared the carry cost to a leveraged ETF like SSO for the equity leg?

Half VOO and Half SSO gives you 1.5x leverage. Most people however sell SSO if VOO crosses the 200 sma and reenter above to avoid a serious drawdown but its mostly set and forget