SPYU | MAX S&P 500 4X Leveraged ETN | Quick Take

In this [SPYU | MAX S&P 500 4X Leveraged ETN | Quick Take] video ๐ŸŽฅ, we will be discussing SPYU, a 4X leveraged ETN that was mentioned by @TheKrow in the live chat of Part One. This ETF is a relatively new addition and has caught our attention. As @TheKrow mentioned, if you’re looking for extra juice for longing the SPY, then SPYU might be something you’re interested in. In this [SPYU | MAX S&P 500 4X Leveraged ETN | Quick Take] video ๐ŸŽฅ, we will be taking a quick look at SPYU on our research sheet and see its movement and potential for short-term trading. With a 1.6 bottom to top range and its high 4X leverage, SPYU can provide significant benefits for traders who are looking for a way to take advantage of the S&P’s movement. Despite being relatively new, with a history dating back to December 23, SPYU has shown a strong movement this week, with a 10-point bounce. This ETF is not optionable, and it currently has a 1% expense ratio. Additionally, it is an ETN, which means it is an ETF of ETFs.

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๐Ÿ“– CHAPTERS ๐Ÿ“–
00:00 – SPYU
03:58 – BeachBum Trading Sites
04:46 – Discord Invite

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#SPYU #sp500 #etfs

๐Ÿ“ REFERENCES ๐Ÿ“
๐Ÿ“ Weekly Trading Game Plan Notes for 8/19 โ€“ 8/23/24 – Part 1 ๐Ÿ‘‰ https://docs.google.com/document/d/16jdTNeqc4came9If4CdqXDjvviEjhjDQn4DeHn6Pg7E/edit?usp=sharing

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