0.00Open0.00Pre Close0 Volume0 Open Interest50.50Strike Price0.00Turnover0.00%IV-32.65%PremiumJul 26, 2024Expiry Date24.48Intrinsic Value100Multiplier0DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type--Delta--Gamma3.07Leverage Ratio--Theta--Rho--Eff Leverage--Vega
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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