0.00Open19.40Pre Close0 Volume3 Open Interest51.00Strike Price0.00Turnover101.45%IV14.55%PremiumJul 26, 2024Expiry Date10.46Intrinsic Value100Multiplier4DDays to Expiry8.94Extrinsic Value100Contract SizeAmericanOptions Type0.9572Delta0.0133Gamma5.83Leverage Ratio-0.0696Theta0.0058Rho5.58Eff Leverage0.0061Vega
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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