### Comment:
I don't think it works how you think it does

### REPLY:
No? I've been watching them and using them for most of a year. Makes sense to me. SQQQ for example goes up 3% for every 1% QQQ goes down. I mostly used FNGD which tracks the FAANG stocks and 5 similar stocks. Seems like a less risky bear play than puts to me and it can be tax sheltered so that's a bonus.

### END.