저자: 미상 · 한국인
요약 보기
0.5배·2배 레버리지 상품(QLD 등)이 횡보·하락 후 반등 시 변동성 드래그로 오히려 수익률이 높을 수 있다는 논리를 설명. 평균매수단가 계산 예시 제시. 발표자는 아내 계좌를 이용해 1년 4개월간 커버드콜로 연 9% 배당을 받다가 지수 약 20% 하락 시점에 커버드콜을 매도하고 QLD를 분할매수 시작. 테슬라도 8% 하락 시 분할매수 중이며, QLD는 12% 하락 시마다 매수 계획. 방어 자산을 공격 자산으로 교체해야 한다고 주장.
다듬은 글
Product Name Nasdaq 0.5D Leverage Product Nasdaq 0.5D Leverage is an investment product based on the performance of the US Nasdaq index, but with a low leverage structure of 0.5 times to reduce volatility and enhance stability. It is designed as a strategy that pursues both balanced profitability and stability by adding profit opportunities during market upturns while controlling risk during downturns .
Hey, the person who came up with this deserves to be hurt. You know how they say that if you keep moving, your leverage melts away. What will happen if he takes action? This one is n't melting; it's actually rising. Since leverage is melting, deleverage will go up. It really goes up. This is really fun.
If the stock moves sideways at 190, 190, and 100, the stock returns to its original position. I'll try 0.5 times this time . You will be surprised. Look closely . 0.5 times is 195 100.3 95.3 100.6 Pampparra. Is n't that surprising? When the stock price moved sideways, a whopping 0.5x profit was made.
If you move sideways, your money doesn't melt; if you move sideways, your money increases. Isn't it a really cool product ? You still won't invest at 0.5x after seeing this ? That won't work. That would n't be possible. You definitely have to invest. 0.5 times is a blessing. It's a must. So, how is it?
Let me ask you a question. Would you invest in the Nasdaq ? Or would you invest at 0.5 times ? Even just the movement of the original stock increases it by 0.5 times. Are you feeling a bit anxious? It seems like they have some ulterior motive, does n't it? Actually, I have a hidden agenda. Actually, ta-da.
Actually, were you fooled? sorry. However, I thought this process was absolutely necessary. If you found this video helpful, please give it a like. In fact, we tend to judge everything based solely on the closing price. So, seeing this result where the underlying stock rises by 0.5 times while moving, we might decide to invest at 0.5 times.
However, this is not a good judgment. If you make fixed-amount split purchases during these five times— in other words, if you buy with the same amount each time—the average purchase price of the underlying stock is 95.7, and the average purchase price of the 0.5x is 98.2. Therefore, the rates of return are + 4.4% + 2.4%, respectively.
If you look at 0.5x to 5x, the closing price rose, but the rate of return is not good. The reason the rate of return is falling despite the closing price rising is as follows. To increase returns, the closing price does not necessarily have to go up. In other words, to increase returns, it is more important to lower the average purchase price, even if the closing price is slightly lower.
However, with the 0.5x, I only bought it at a mere 5% discount, but I was able to buy the stock at as much as 10% off . If you can buy it cheaply, the drop in the closing price is not a problem. Now, this time, a different situation. Here is double leverage. When the base stock fluctuates between 100 and 90, double leverage works like this.
100, 97.8, 78.2, 95.6. When the base stock that started at 100 returns to 100, the double leverage is a -4.4% drop. This is the famous volatility drag. Okay, let me ask you a question . Would you like to invest in the original stock that has returned to 100? Or would you invest in double leverage that has dropped as much as 4.4%?
You're having trouble deciding, aren't you? We actually know the correct answer. Our stereotypes will constantly say this. Hey, of course you should invest in the stock. Leverage melts away. Can't you tell by looking? There is no need to worry. Leverage is trash. However, on the other hand, it will be confusing.
Because I slightly broke the stereotype when I introduced the 0.5D leverage product. So, where would you like to invest? The closing price fell again this time, but isn't the return better? You're probably thinking something like this, right? Yes, that is correct. Naturally, the rate of return is better with leverage.
The average purchase price of leverage is 89.3%, and the return is 7%. What could be the reason? Everyone knows why the return is better even though the closing price has clearly melted . Unlike the original stock, which could be purchased for a mere 5% discount, the leveraged stock could be purchased for as much as 11.8% discount .
Thanks to that, the average price has dropped significantly . If you can lower your average purchase price this significantly, then volatility drag is a blessing, not a curse. Actually, the stock market isn't just about horizontal trading. Currently, it can be seen as being in a downtrend . We do not know when the decline will end.
However, a bull market will inevitably come . So, let's consider this situation . If the base stock price falls from 100 to 80 to 90 to 100 and then rises again to return to 100, what happens to the leverage? What do you think will happen? Actually, this is obvious. Here's a hint: Do you remember the commutative property of multiplication that you learned in school ?
Whether it is 3 * 7 or 7 * 3, it is all 21. Whether it keeps going up and down, keeps falling and then goes up, or goes up and then falls, the result is all similar. Therefore, you might have this thought without even having to do the calculations . The closing price seems like it melted, but isn't the return better?
You can think to this extent. That is actually the case. 2x leverage is 100 62.2 77.8 95.1. The base price returned to 100, but the 2x leverage fell -4.9%. The average prices are 91.4 and 80.7, respectively. The rates of return are +9.4% and +17.8%, respectively. Why is the rate of return better? Why?
Because you can buy it cheaper. Unlike the standard stock, which could be purchased for 20% less, the 2x leverage could be purchased at a whopping 38.8%, or almost 40%, discount . Here, we simply consider volatility drag to be a blessing. I am not saying you should talk about this . Volatility drag always occurs.
Volatility drag occurs at every moment, whether in a sideways market, a bear market following a rise, or a bull market following a fall . Volatility drag is still continuing to occur even now . Therefore, the decline in stock prices is only natural . Under any assumption, when the underlying stock recovers its previous high, the leverage can never recover its previous high .
Of course, even so, the return on leverage will be outstanding . This reporter has been holding on for the past year and four months, consistently receiving dividends . I started buying Tesla in installments a few days ago . Please refer to video number 246 for this . This time, I started buying Nasdaq 2x leveraged QLD.
As you can see, I sold the covered cold that had been consistently paying me dividends. And with that money, they bought QLD . This is the first purchase. Actually, this account is not mine. It's my wife's. If it were me, I would have invested in triple leverage, but it seemed like my wife would n't be able to tolerate the maximum drawdown of triple leverage .
So I started with QLD . I believe that in investing, there are times when you need to protect your assets and times when you need to grow them . One year and four months ago, I decided that it was time to protect my assets. So, even though my wife came over saying I had a lump sum, it was important to protect the money.
So, I included stocks and bonds that move in different directions. In addition, I increased the dividend yield by investing in ETFs that use a covered call strategy . During that time, this account has been paying annual dividends of over 9% . Then, currently, the index has dropped by about 20%. I believe now is the time to grow your assets, not to protect them .
We need to replace the defenders with forwards. However, there is probably no manager who would send out all the defenders and make a complete switch to a single attacker . We should monitor the situation and replace it with a split as appropriate . Wouldn't that make a great director ? Going forward, I plan to sell my covered cold whenever QLD drops by 12% and buy QLD in installments .
If it goes up instead of down, this is a comment. It seems a bit contradictory that someone who expects stocks to eventually rise waits for them to drop 8% every time like this . This is a comment left on a video where it was said that QLD is bought whenever it drops 12%, but Tesla is bought whenever it drops 8% .
What's the problem? You should interpret this not as waiting for it to drop 8%, but as making a plan to buy in preparation for a further 8% drop . If it doesn't fall, it's not my share . I am introducing this because you left a comment that exactly matches my thoughts . If it doesn't drop, I guess I'll just have to be satisfied with the dividends from the covered call.
Finally, I would like to give the members an advertisement. Tomorrow evening. Thursday evening at 9:30. There will be a live broadcast, so please participate . ]
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