How I made 40% in one week from the current market chaos

It is possible to buy an ETN such as £3STP or €3STE which shorts TESLA shares.

The GraniteShares 3x Short Tesla Daily ETP seeks to track the Solactive Daily Leveraged 3x Short Tesla (-3x) index. The Solactive Daily Leveraged 3x Short Tesla (-3x) index tracks the three times leveraged inverse performance of the Tesla share on a daily basis.

The ETN's TER (total expense ratio) amounts to 0.99% p.a.. The ETN replicates the performance of the underlying index synthetically with a swap. The dividends in the ETN are accumulated and reinvested in the ETF.

The GraniteShares 3x Short Tesla Daily ETP is a small ETN with 18m GBP assets under management. The ETN was launched on 29 June 2020 and is domiciled in Ireland.

GraniteShares 3x short TESLA (Ticker 3STE) is an ETN that shorts TESLA by a negative factor of x3.

As long as I have some spare cash, then using a 'short' or 'inverse' fund allows me to hedge my portfolio but without selling any shares in my portfolio.

On the 3rd March I thought that the TESLA share price was bound to go down, so I bought £1000 of these shares. A week later I sold £1000 of them and made £268 profit and still had 621 shares left in my portfolio (currently worth £400 and still gaining!).

 3rd March 2025 - BUY £1000 GraniteShares 3x short TESLA (€0.586)

10th March 2025 - SELL £1000  GraniteShares 3x short TESLA (€0.695)

This leaves me with 621 unsold remaining shares of 3STE (11/3/2025).

So I have my original £1000 stake back and still have 621 shares of this fund in the market because I think TESLA shares have still further to descend, but even if I am wrong, I will at the very worst, not lose any money.

If I sell today, I will have made £400 on a £1000 investment (40%) in just one week, but I am hanging on in there as TESLA is still bombing.

Risky!

Shorting a stock by a factor of negative x3 is of course an extremely risky 'investment', which I never normally do, however, I felt that with the current enormous anti-Musk sentiment, there was only one way that TESLA shares could go, so I took the risk. If TESLA had gone up, I could have easily lost quite a lot of that £1000.

Some other shorts which have done well recently are listed below:

As you can see, you can short other shares such  nVidia or AliBaba. If you want to short BitCoin then you could buy MicroStrategy (SMI3).

You can even short the S&P 500 or FTSE 100...

Please note: This is not investment advice and buying x2 or x3 funds is even more risky than standard shares. Please do your own research first.