70569121
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$MicroSectors FANG+ Index 3X Leveraged ETN (FNGU.US)$
1. FNGU is about to be delisted
The issuer Microsectors is executing BMO's decision to redeem all issued shares of FNGU.
As part of this process, FNGU will temporarily change its code to FNGA and then ultimately be delisted.
2. A new ETN (FNGB) has been launched, with higher fees.
FNGB will be issued as a new ETN and will continue to track the same FAANG Index.
The management fee and leverage costs of FNGB will be higher to enhance BMO's profitability.
3. Code conversion and forced liquidation.
By May 15, 2025, $BANK OF MONTREAL TRACKER ZERT 08/01/38(NYSE FANG& INDE) (FNGA.US)$ (originally FNGU) will be permanently delisted.
After FNGA is completely liquidated, FNGB will change its code back to FNGU, essentially replacing the original ETN.
Original long-term holders of FNGU will be forced to Sell (triggering capital gains tax) and will need to manually reinvest the funds into the new FNGB ETN.
If FNGU is Held, there will be a forced Sell of Hold Positions...
1. FNGU is about to be delisted
The issuer Microsectors is executing BMO's decision to redeem all issued shares of FNGU.
As part of this process, FNGU will temporarily change its code to FNGA and then ultimately be delisted.
2. A new ETN (FNGB) has been launched, with higher fees.
FNGB will be issued as a new ETN and will continue to track the same FAANG Index.
The management fee and leverage costs of FNGB will be higher to enhance BMO's profitability.
3. Code conversion and forced liquidation.
By May 15, 2025, $BANK OF MONTREAL TRACKER ZERT 08/01/38(NYSE FANG& INDE) (FNGA.US)$ (originally FNGU) will be permanently delisted.
After FNGA is completely liquidated, FNGB will change its code back to FNGU, essentially replacing the original ETN.
Original long-term holders of FNGU will be forced to Sell (triggering capital gains tax) and will need to manually reinvest the funds into the new FNGB ETN.
If FNGU is Held, there will be a forced Sell of Hold Positions...
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I also want to participate a little.
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70569121
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$Tesla (TSLA.US)$ Look at the posts I've made to tell everyone that it's time to take profits at -0.38%. It's not that this stock is bad, it's just that the recent risks are too high. There is a small probability that you will make a little profit in the short term, but there is a high probability that you will lose a lot. So temporarily take profits, observe and wait for the situation to stabilize, it's not too late to hold on again.
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August 2024 has been a tumultuous month, characterized by significant fluctuations influenced by economic indicators, corporate financials, and global events. From unexpected economic data to pivotal earnings reports that swayed the markets considerably, our community actively engaged, exchanging insights and experiences. Here's a look at how some of the mooers navigated the complexities of the market, exploring the nuances of options trading d...



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$NVIDIA (NVDA.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$
I made a Tesla call last night. Bought 3 times at different exercise prices! Because Tesla has been building ground for a long time, I feel like it's about to take off. It should continue tonight. Another end-of-date right has been made.
Bullish to 190:
Bullish to 180:
In Apple's case, the original stock is as I said before: after the CD indicator bottoms out at 164 prompts, the candlestick chart doesn't break the bottom edge of the blue ladder and doesn't sell.
(The one pictured aboveRead the bottom(It comes with the CD indicator)
Tonight, there will be a new opportunity, namely the UBER option, and wait for the bottom structure to increase positions. Watch my explainer video for details.
Nvidia, on its side, continues to be bullish. Hold the blue ladder for as long as 30 minutes on top of the yellow ladder:
Also, those who like to make meme stocks, follow Game Station, and there's a big wave!
I made a Tesla call last night. Bought 3 times at different exercise prices! Because Tesla has been building ground for a long time, I feel like it's about to take off. It should continue tonight. Another end-of-date right has been made.
Bullish to 190:
Bullish to 180:
In Apple's case, the original stock is as I said before: after the CD indicator bottoms out at 164 prompts, the candlestick chart doesn't break the bottom edge of the blue ladder and doesn't sell.
(The one pictured aboveRead the bottom(It comes with the CD indicator)
Tonight, there will be a new opportunity, namely the UBER option, and wait for the bottom structure to increase positions. Watch my explainer video for details.
Nvidia, on its side, continues to be bullish. Hold the blue ladder for as long as 30 minutes on top of the yellow ladder:
Also, those who like to make meme stocks, follow Game Station, and there's a big wave!
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$Astera Labs (ALAB.US)$ Will it go up to 80 today?
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Nvidia delighted investors when it announced a 10-for-1 stock split last week. The move may be the start of a trend, as several prominent tech companies trade at prices high enough to tip the scales toward similar splits, according to a note from Bank of America.
The bank highlights 36 S&P 500 companies with stock prices above $500, a level suggesting they may be candidates for splits. $Broadcom (AVGO.US)$, $Super Micro Computer (SMCI.US)$ , ...
The bank highlights 36 S&P 500 companies with stock prices above $500, a level suggesting they may be candidates for splits. $Broadcom (AVGO.US)$, $Super Micro Computer (SMCI.US)$ , ...


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$Tesla (TSLA.US)$ Stop arguing, if you can't stand it, just sell it and let the forum calm down.
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$FaZe Holdings (FAZE.US)$ FaZe, Rollbit Announce New Multi-Million Dollar Esports Sponsorship Deal
Moomoo 24/7· 1 min ago![]()
Moomoo 24/7· 1 min ago
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70569121 : Is the redemption to buy back at any price at that time?
What is the approximate date?