Exchange Traded Notes: an Alternative To ETFs What Are the Advantages of Owning Individual Stocks vs. ETFs? In 2019, we observe ninety five% satisfaction for each equities and authorities bond asset. The impact of leverage can be reflected in the pricing of choices written on leveraged ETFs. In particular, the terminal payoff of a leveraged ETF European/American put or call is determined by the realized variance (hence the path) of the underlying index. Beginning traders tend to start out specializing…