On the indexes it's anywhere from a couple percent to 7%. Most
of the time I'd say from the high it averages about 5%, and from
the high to triggering is usually less than that. As an example ,
in February 2020 I think the STS triggered only about 3% off the
highs, so you only gave up 3%, but the index fell 30%. some cases
price gets really stretched away from it and that could also be
used as sort of a reversion to mean, what I mean is if you would
see that I stock is 20% away from its STS, you know that it can't
stay that far and needs to revert back closer to the mean and is
vulnerable to a short-term pullback
Fantastic STS Tables, Matt! It
Posted by eberhard on 25th of Nov 2022 at 10:55 am
Fantastic STS Tables, Matt! It is so interesting to see how wide you must maintain stops on leveraged ETFs; I've not seen this quantified before.
On the indexes it's anywhere
Posted by matt on 25th of Nov 2022 at 10:58 am
On the indexes it's anywhere from a couple percent to 7%. Most of the time I'd say from the high it averages about 5%, and from the high to triggering is usually less than that. As an example , in February 2020 I think the STS triggered only about 3% off the highs, so you only gave up 3%, but the index fell 30%. some cases price gets really stretched away from it and that could also be used as sort of a reversion to mean, what I mean is if you would see that I stock is 20% away from its STS, you know that it can't stay that far and needs to revert back closer to the mean and is vulnerable to a short-term pullback
Matt Would SPXS as a
Posted by rbreese on 25th of Nov 2022 at 11:12 am
Matt Would SPXS as a possible short vehicle for ES work too? Thanks Robert
again any related ETF: SPY,
Posted by matt on 25th of Nov 2022 at 11:17 am
again any related ETF: SPY, SH, SSO, SDS, UPRO, SPXU, SPXS etc