REDDIT
Anyone else watching $SNDQ lately? This inverse leveraged ETF had me drooling
Been keeping an eye on $SNDQ, the Tradr 2X Short SNDK Daily ETF, and honestly the chart had me making some questionable decisions.
For context, this is a 2x inverse leveraged ETF on SNDK. When SNDK bleeds red, this thing goes green. Pulled up the details on moomoo community and someone posted a P&L screenshot that had me genuinely pausing.
Leveraged inverse ETFs are not for the faint of heart, ngl. Decay eats you alive if you hold too long. But as a short-term play when you have conviction on direction, the moves can be pretty wild.
Anyone here running inverse leveraged ETFs as part of their strategy, or is this too spicy for most portfolios?