Just a thought…
If you have conviction that pm stocks have bottomed you could just short JDST. These 3x’s ETF’s are like options and lose value over time. Unless you really hit the trend perfectly it’s a tough way to make money. If the pm shares go sideways for awhile you’re guaranteed to lose money. Honestly, I think you could almost take out shorts on every 3x’s ETF’s whether they are short or long and make a profit.
I don’t think JNUG will ever see $500 again.