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ProShares UltraPro Short S&P500 (SPXU)

NYSE
Currency in USD
Disclaimer
38.35
+1.02(+2.73%)
Closed
After Hours
38.38+0.03(+0.08%)

SPXU Comments

Added at 14.60 and 14.68 getting hammered now but hey its risk.
Nah, its a hedge, just keep holding it.
Oh there we go. :) 30k ty
any idea why this is up 18 cents after hours ?
Because the the futures and the after hours trading took the price down
Holding 7 contracts of June 19th $17 call @ 1.54 each and 4 contracts of June 19th $20 call @ 0.83 each. I am assuming by end of May we may see 2000 point drop.
What are the chances my shares in SPXU will be called away by my May 01 $17.50 calls?
Before the Market crash spxu was trading at 17 ish.   Market hasn't even recovered yet and we are at 14ish.
Yes, unfortunately i also realized after trading, It has huge expense ratio. So if you are really sure market will crash, it is good to invest here otherwise we should stay away from this ETF
decay of leveraged products. It's normal. do the maths. That's why it's risky for long term investment.
been holding this as a hedge, think I'll let it go if market further stabilizes by June
I don't think we've seen the beginning of the bottom. We do have a fed that is printing money right now, but even if the economy is "reopened", many people are still going to stay home and shelter. Consumer spending represents +70% of the economy. We haven't seen the end.
problem with the bear case... a lot of the negative economic impacts are priced in
it's earning period now. many companies are gonna report loss just like the banks these 2 days. I think it's the start of another bear market
@alex lee yes of course, we arent in the clear. buy it at the end of the day and it will be up tomorrow. we will see a red day tomorrow.
Do you guys/girls think this is still a good fund to buy right now?
ProShares UltraPro Short S&P500 (SPXU)
40+ next upside
not open?
makes one wonders whether the SARS-COV-2 is capable to push this one to the 35$ level back in May 19
yes it is $35 :)
Buy and hold until next recession! It is very close!!
yes, do not buy and hold , this is a short term tool for day traders. Go long gold and silver miners and hold till the next recession I think you will do much better than this
   Back at the least 60% I expect. Shanghai show: stores usually make over million and half. However this year the turnover not even reached 100,000
hello
Own this you might and want to jump off a bridge.
Les go!!
Buy !! S n P is gnna crash very soon back to 1800-2000
Why did the price jump from 10 to 40 within a day?
Reverse share split 4 to 1
$19.80 comes go as far out on the $20 calls around $1.00 per contract
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