$(AMZN)$ part of me wants to dump my money in$AMZU which is supposed to be 1.5X leveraged AMZN. But I wonder if I'd just be better if holding actual Amazon shares and selling covered calls every week. (There are no options for AMZU so can't sell calls on it.)
Between the fees, poor price tracking and hence inefficiency when there is volatility, and the possibility some weird random collapse of the ETF, I am not sure if AMZU is worth holding instead of shares representing actual ownership of the Amazon business.
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