Australia's largest stock trading and investment forum Australia's #1 stock forum

Interesting...so in a generally rising bull market it costs to...

First 160 Last

Share
Profile

Follow
AuContraire

92 Posts.

12

16/07/20

17:45

Post #: 45916975
Share

Originally posted by Frogkey: ↑

Ok, a possible scenario may be, the market goes up 2% and down 2% each week.

If the leverage (worst case) is 200% when the market goes down and 250% when it goes up, then BBOZ will gain 4% and then go down 5%. Clearly if this is sustained, the market will be flat, but the sp will gradually sink lower by about 1% a week.

From the original post, the last 3 months were volatile
with an overall drop in the market index of over 9%. During this time BEAR sp went up, but BBOZ went down.

Expand

Interesting...so in a generally rising bull market it costs to hold. thx...

I'm considering getting some as portfolio insurance for my slightly leveraged long holdings...

And rather than sell down what I own and am happy to own, this way I can have my cake and eat it too
Upvote

Reply

There are more pages in this discussion • 2 more messages in this thread...

First 160 Last