Exactly! All you wrote ! But does it matter ? Rather not ... A German Analyst did a calc in the 2008 -2011 Bull . IF you put a 1000$ into (ONLY) x3 leveraged derivative options or Knock out cert. on the POS POG and kept the 3lever all the time thru the Bull ( meaning selling options to far away from ko. already and replace them with new closer ones ) the 1000$ became 250.000$ . I think I'm into this ! So maybe I sell one of my explorer Fleet and go with 4-6k into derivatives !
Derivatives have the sugar coating of hurting the banks directly , Lol . I love it ....
IVR Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
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