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  One error in recording Message Display With Put Strike Price. Please make it minor change current price in column E should check Price in column H if Column H price > Column E, it should display the message.

A 3x leveraged ETF (Exchange-Traded Fund) aims to deliver three times the daily return of a specific index or benchmark. For example:

If the S&P 500 index increases by 1%, a 3x leveraged ETF designed to track this index would ideally return +3%. Conversely, if the S&P 500 decreases by 1%, the ETF would lose 3%. This amplification of returns is achieved through the use of financial derivatives and borrowing, allowing the fund to invest more than it holds in assets.

• An index that starts at 100.
• A 3x leveraged ETF that starts with $100, designed to move three times the index.
• The index borrows money to maintain exposure to $300 worth of assets (3x the index)
• On day one, the index rises from 100 to 105 (+5%), the 3x ETF gains 15%, with a new value of $115. Under the daily reset, the ETF must now control $345 worth of assets (3 x $115), because it must maintain three times the fund's total assets in exposure to the index. So it buys another $45 of exposure.

• The index falls 5% (the same percentage as the previous day's rise), from (105*0.05 = 5.25, 105-5.25 = 99.75) 105 to 99.75.
• The 3x ETF should lose 15%, so its value drops from $115 to $97.75.
• So since the start of trading on day one, the index has gone up 5% then down 5%, yet lost 0.25% of its overall value. Meanwhile, the 3x ETF has gone up 15% and down 15%—but lost 2.25% (115 * 0.15 = 17.25, 115 - 17.25 = 97.75) of its original value.

• I am able to digest any volatility. If I looses more than 70% of market value, I would not have panic attack and therefore I will not sell in panic with loss.
• I am mostly sticking to major indexes. In order to loose all my money in one ETF, index needs to drop 30% in ONE DAY. Very unlikely event but can happen.
• My main purpose to own this fund is to use its volatility to extract maximum premium.
• I am planning to invest slowly 5 to 10% of my total portfolio cost. I will never exceed than 10% under this category.

• Starting with one month PUT which I usually write at delta 50. Strike price is $120 and premium price is $9.25. The rate of return for a month is 9.25/120 = 7.7%
• Let say shares assigned to me. Obviously, my assigned price would be much higher than current price it trades. So I have to write covered call at delta 20 and slowly reach to my assign price to avoid any capital loss.



• At delta 20, just for return on investment comparison, you are getting $2 premium on investment of $141.50. That means in worst case scenario, I will get approximately 1.4% monthly premium. As long as these ETFS exists and don't go to ZERO, the ROI we are getting for the risk we are taking - I am comfortable to invest 10% of my portfolio in these ETFS. The other 90% of my portfolio will be invested in stocks.
• Don't exceed more than 10% of your total portfolio in leverages ETFS. Greater than 10% investment in these etfs will invite for permanent capital loss and more trouble.

These stocks, combined with covered call premiums, provide good returns in 2025.

C, HPQ, HPE, PFE, CI, EXPE, PYPL, XOM, CVX, BMY, EBAY, COF, DFS, MDT, CNC, CMCSA, ELV, BIIB, TROW, DHI, SIG, FFIV, SBUX, NKE, BLDR, MDT, HPE, BBY, CAH, SNA, ULTA, DBX, GILD, ABNB, CNXC, CHRD, SLB, HAL, GIS, VLO, CROX, HSY, HUM, AMGN, MRK, BIIB, KHC, BALL, PEP, BP, SLB, HAL, DHI, PHM, OC, LEN, MHI, CSCO

These stocks trade at high valuations and offer high risk but also potential high rewards.

NVDA, MSFT, AVGO, AMZN, AAPL, CRM, AMAT, LRCX, TWLO, PLTR, PANW, CHWY, TSM, NVO, TXN

Writing covered calls on these stocks can provide better returns.

UNH, DELL, WSM, Meta, GOOG, QCOM, DIS, CSX, DOCU, ZOOM, V, HON, JNJ, GEHC, GSK, GIS, KHC, KMB

Do not exceed 2% in any individual stock and 15% of the total portfolio.

TSLA, UBER, MSTR, CMG, CHWY, PLTR, OKTA, ONON, SOUN, TSLA, MARA, IONQ, RGTI, PATH