0.00Open24.30Pre Close0 Volume114 Open Interest50.00Strike Price0.00Turnover129.98%IV20.85%PremiumJul 26, 2024Expiry Date11.48Intrinsic Value100Multiplier4DDays to Expiry12.82Extrinsic Value100Contract SizeAmericanOptions Type0.9337Delta0.0147Gamma5.35Leverage Ratio-0.1255Theta0.0055Rho4.99Eff Leverage0.0087Vega
ProShares UltraShort Bloomberg Natural Gas Stock Discussion
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Gas has also dropped below the important support level at $2.52, its lowest swing on May 31st while the Relative Strength Index (RSI) has turned south.
Therefore, the outlook for natural gas is bearish, with the next point to watch being at $2, which is about 18% below the current level. If this forecast is accurate, it then makes sense to invest in the ProShares UltraShort Natural Gas ETF (KOLD).
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