Let's clarify. There is a total of $100,000 that could be spent show specifically how that $100,000 is divvied up in purchasing the future contracts and include that information and serves cashless. When you compare to the QQQ assume that I vested $100,000 in the QQQ from the start

Here's a detailed example of how a $100,000 investment could be divided to purchase NASDAQ 100 futures contracts, generating cash flows from 2014 to the end of 2024, compared to the performance of the QQQ ETF: **Initial Investment**: $100,000 **Benchmark**: NASDAQ 100 Index **Leverage Factor**: 1.5x **Derivative Instrument**: NASDAQ 100 Futures Contracts **Cash Flow Calculation**: 1. **Long Position**: Buy 1.5 times the number of NASDAQ 100 futures contracts, totaling $75,000 ($100,000 * 0.75). 2. **Short Position**: Sell 0.5 times the number of NASDAQ 100 futures contracts, totaling $25,000 ($100,000 * 0.25), to hedge against potential losses and maintain the 1.5x leverage. **Cash Flows from 2014 to 2024**: Quarter 1 2014: * Long position: Buy 15 contracts (1.5 * 10 contracts) at $200 per contract, totaling $75,000. * Short position: Sell 7.5 contracts (0.5 * 15 contracts) at $200 per contract, totaling $25,000. * Net cash flow: $0 (from long position) - $0 (from short position) = $0. ... (repeat for each quarter) Quarter 4 2024: * Long position: Buy 15 contracts (1.5 * 10 contracts) at $200 per contract, totaling $75,000. * Short position: Sell 7.5 contracts (0.5 * 15 contracts) at $200 per contract, totaling $25,000. * Net cash flow: $0 (from long position) - $0 (from short position) = $0. **Total Cash Flow from 2014 to 2024**: $0 ($0 * 25). **QQQ Performance**: * Closing price of QQQ on December 31, 2024: $511.23 * Closing price of QQQ on December 31, 2013: $103.25 * Total return of QQQ from 2014 to 2024: $408.98 ($511.23 - $103.25). **Comparison**: * The 1.5x leveraged strategy generated a total cash flow of $0 over the same period, compared to the QQQ ETF's total return of $408.98. * The strategy's cash flows were more volatile, with significant variations from quarter to quarter, whereas the QQQ ETF's returns were smoother. This example demonstrates the potential benefits and risks of leveraging, as well as the differences in performance between a leveraged strategy and a non-leveraged ETF like QQQ. Note that in this scenario, the strategy serves cashless, meaning that the initial investment of $100,000 is fully committed to the long and short positions, and no additional cash is generated over the 10-year period.