$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ So basically it's gone from 2 million a share to $46 a share lol
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
That's a lot of splitting
That's a lot of splitting
$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
Here's a funny. Boil has been around for 14 yrs. If it didn't reverse split at all the price would of started at 2 million a share
Here's a funny. Boil has been around for 14 yrs. If it didn't reverse split at all the price would of started at 2 million a share
$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ So for those that are deep in to boil I wanted to tell you how this fund is structured. It follows the Bloomberg Natural Gas subindex. Which is 2 front month futures. every month on the 5th trading day they roll 20% of futures and do that for 5 days. If the futures are in contango which they usually are that mean they buy the next month future for more than the current future. There are other things that make the fund go down such as Theta /...
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ down down down it goes.
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Sell Sell Sell while it's up
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
Now with boil holding futures and rolling for a loss every month you can see the divergence his big.
Now with boil holding futures and rolling for a loss every month you can see the divergence his big.
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
you can see here tesla in up trend and still doing better than the leveraged
you can see here tesla in up trend and still doing better than the leveraged
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$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Keep hoping for weather and supply will not work. Cut loses. Took me a yr to learn the hard way. Just a suggestion
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