US OptionsDetailed Quotes

BOIL241129C54000

Watchlist

0.01
-0.03-75.00%

15min DelayClose Nov 29 12:15 ET

0.02High0.01Low

ProShares Ultra Bloomberg Natural Gas Stock Discussion

Stevie B

3 hours ago

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ futures down 6% boil will open down 12% $41

Stevie B

Nov 29 14:58

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ So basically it's gone from 2 million a share to $46 a share lol

Stevie B

Nov 29 14:55

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
That's a lot of splitting

Stevie B

Nov 29 14:53

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
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

Stevie B

Nov 29 14:06

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ 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 /...

Stevie B

Nov 29 09:57

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ down down down it goes.

Stevie B

Nov 29 08:46

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Sell Sell Sell while it's up

102085433

Nov 27 19:40

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ capitalist control market, damn real rubbish.

The Doctor

Nov 27 12:58

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$
You have to be really disturbed to trade such a manipulated share.... HaHaHa.....Summer, autumn, now winter, we are back where we started. So I think Stevie B and 72745367 know what they are talking about. Apart from the fact that I have my own negative experiences. I recommend that all my followers avoid this rubbish. It makes no sense. This ETF is constructed to fall. Where is the fun if we go up %10 and then fall %16 for no reason. So thanks ag...

Stevie B : keep in mind with all Leveraged ETF's are meant for day trades. Not buy and hold. The underlying stock / commodity will always do better over time even with the leverage.

Report
Reply

Cancel Reply
The Doctor OP : I did a big plus with MSTR and some other stocks day trading. But Boil is a grave…SMCI is going well….Got in by $18 something. Close for delisting but here is the risk least paying. Again thanks for your insight and so open for all people here on the board.

Report
Reply

Cancel Reply
10baggerbamm : the swing since the reverse split on this are insane it trades like a small cap.. if you're on the wrong side of the trade you are getting screwed royally

Report
Reply

Cancel Reply
10baggerbamm Stevie B : I disagree with you I've been in some leverage ETFs for a year and as long as the underlying stocks are trading higher you are doing very well the only time I've had a leveraged ETF go against me where decay is visible and I have been in and out of leverage ETFs hundreds of times over the years and some of them again I've maintain long positions for an extended period. the only time one went against me was the Nvidia ETF from July to August historically in end of June when Nvidia common would cross $1301 nvdu the leverage ETF would cross it and be 131 and a half and then it would never look back every dollar that the common went up the leverage The ETF went up to and was outpacing it. when we had the Japanese trade on winding July to August and tech stocks got decimated all of the options within these leveraged ETFs they expired they couldn't roll them they collapsed so they lost quite a bit of value within the fund now there's about a $10 discrepancy between Nvidia common and the leveraged ETF. all of the other ETFs and I've been in utilities I've been in large Banks and regional Banks I've been in home builders I've been in biotech I mean I can go down the list of every single solitary one you do not see the decay it's virtually impossible I'm sure there's some math quant that could figure it out I lost a penny today but because they can trade it a premium and a discount to nav you don't see it.

Report
Reply

Cancel Reply
Super Star 10baggerbamm :

Report
Reply

Cancel Reply

View more comments...

Stevie B

Nov 27 11:45

$ProShares Ultra Bloomberg Natural Gas (BOIL.US)$ Keep hoping for weather and supply will not work. Cut loses. Took me a yr to learn the hard way. Just a suggestion

No comment yet