MUHHHHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA!!!
Up 7.3% and 4.4% on TNA and TZA respectively.
Short both.
It's not evil inside... it's pure gold.
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2 Comments:
Yes, but you have to rebalance it often (esp when it gets out of kilter by much), else you are no longer delta neutral.
Also, where can you find shares to short (what brokerage)??
--joe
Hi Joe,
As long as we stay in this range I just watch them deteriorate, once that happens I will take profits.
Finding shares to short was difficult, it took me a couple of weeks before I could locate shares to short on both sides at the same time - and I wasn't just trying TNA TZA. Scottrade and Ameritrade.
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