### Comment:
Because the 3x leverage is already baked into the cost of the options

### REPLY:
I would think 3 day options on a big news item would probably be a bit more than 3x  
 But just think of the tendies if you’re levering something already super volatile and it pays off. Don’t think about what would happen if they all expire worthless and you gotta move back in with mom

### END.