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Ultra QQQ ProShares (ETF) (NYSEMKT:QLD)

CAPS Game Rating: 1 out of 5

Closed-end fund

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Member Avatar Iluvitar (< 20) Submitted: 27/07/2009 15:14:46 : Underperform Start Price: $21.93 QLD Score: -150.35

I recently ran into this article on an Ultra oil ETF strategy:

http://www.howtowriteoptions.com/ultra-covered-call-strategy-fails/

By shorting each side of the Long/Short ETFs I will eventually come up on the positive end. Not sure how effective this will be in real life but long term on CAPs combo-ing these ETF is a sure winner.

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