BBUS, BEAR & BBOZ, page-2

I used them during the covid crash for great gains (& possibly during market corrections if you get in early enough) but unless there is significant market downtrends, they weren't very helpful for me
Especially with bbus you're trading during Australian hours based off futures or previous days market trends (you have to make the call the day before & you can't sell until the next trading day after US markets finish trading)
Markets can change quickly & you can get caught out pretty easily (US futures are never accurate these days)

Holding these long term will hurt unless you can time it correctly
I find it easier with short & long calls (quick trades)
Better returns

I guess once markets get into long term bear territory, then it'll be useful to add to your portfolio
Atm it's bull markets with corrections (which could change in a few days if US markets can't recover well from here)