Take a million dollar bet on 10,000 long puts of SQQQ Ultra Short ETF for only $20,000 or $50,000 at the market.

You control 1,000,000 shares of SQQQ for only $20,000 plus commissions.

A one point move by September 18 will pay $1,000,000.

A smaller bet of 1,000 long puts of SQQQ for $2,000 or $5,000 at the market

gives you control of 100,000 shares and $100,000 per point.

These options are way out of the money so the risk is running out of time by September 18.

A safer bet is a long SQQQ Straddle

B 100 Long Sept 18 SQQQ Calls @ 1.55

B 100 Long Sept 18 SQQQ Puts @ 1.50

At SQQQ 4 you'll make $10,000 per point or $40,000

At SQQQ 12 you'll make $10,000 per point or $40,000