Retail investor: I don't need options. I just buy TQ... 3x the market, way simpler.


Me: What happens to TQ in a choppy sideways year?
Retail investor: ...it 3x's whatever the market does?
Me: Nope. Market chops up 10%, down 10%, ends flat... TQ ends DOWN. The daily reset bleeds you. It's built for streaks, not years.
Retail investor: Wait, so I can lose money in a flat market?
Me: & in 2022 it dropped ~80%. You need a 400% run just to get back to even. One bad year can eat a decade.
Retail investor: So how do you get leverage without that?
Me: LEAP calls on great companies when they're CHEAP... funded by portfolio secured puts.
Keep it simple!
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