Overview
Description
Leverage Shares 3x Tesla ETP is an exchange-traded product designed to amplify the exposure of investors to Tesla Inc.'s stock by threefold. Its primary function is to provide a leveraged investment strategy that aims to outperform traditional stock investments by using financial derivatives. This ETP is specifically structured for short-term trading and speculative strategies, as it daily resets its leverage position, ensuring that the threefold exposure is maintained. This makes it particularly suited for investors who have a strong conviction about short-term movements in Tesla's stock price. As Tesla is a leading electric vehicle manufacturer, this ETP impacts the technology and automotive sectors, drawing particular interest from those looking to capitalize on the volatility and rapid development in these industries. Providing enhanced exposure, the Leverage Shares 3x Tesla ETP plays a significant role in portfolios aiming to exploit tactical trading opportunities rather than long-term buy-and-hold strategies.
About
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Website
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Instrument type
ETF
Country
Italy
MIC code
XMIL