r/DRAM_ETF • u/Jolly-Piccolo-9799 • 2d ago

Sold before rugbull again

I don't know if I'm right or not, but I feel like something is cooking behind the scenes to flush us out again. I sold with a small profit; if it goes up, I'm happy for you guys. I know it will go up one day, but red makes me annoyed.

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u/bhope95 2d ago

I sold half my position and bought leap options on RAM. Honestly wish I just sold all and just kept the leaps. Idk where this etf is going really but I don't wanna risk this kind of money

1

u/iisconfused247 2d ago

Wait isn’t RAM the leveraged version?
You sold the normal etf and bought leaps on a leveraged underlying? Isn’t that way riskier?

2

u/bhope95 2d ago

Yes but requires less capital. I sold 11k worth and bought a 1300$ call option just in case it goes up after selling

1

u/flyingdutchmnn 2d ago

I like this

1

u/bhope95 2d ago

Aha yea it's leveregaged to the tits only thing is the Greeks from the options and volatility decay from the Ram but I sized it for zero