Boil down 80%

[zdreg]

Why is it down 80% with all the world's problem?

 

[wmwmw]

Boil is not a stock.
It is a leveraged ETF,the most volatile one.

 

[zdreg]

Boil is not a stock.
It is a leveraged ETF,the most volatile one.

Obviously. Can you give a more specific and factual answer?

 

[qwerty11]

The March contract is down by 40% because of Freeport being late and mild weather across the USA...

 

[vincentnyc]

who give a shit? the question is did you trade it and make any money of it? if not, stop wasting ppl time.

 

[zdreg]

if not, stop wasting ppl time

Lots of luck.

 

[easymon1]

Why is it down 80% with all the world's problem?

NG-202302-NYMEX Gas contract went from 9.587 Aug 22, to 4.994 close Dec 22.
Frosty cold mofo's all over daworld notwithstanding, Delivery issues limit the marketability of the product? Resulting in less product moving to the frostbit customers. Resulting Supply outstripping ability to Satisfy existing demand, resulting in less demand resulting in lower prices. Sure demand by cold mofo's is there, but how ya gonna get it to them?
https://stockcharts.com/freecharts/candleglance.html?BOIL,KOLD|B|null

 

[Sekiyo]

BOIL IS BASICALLY FLAT FOR THE YEAR
Nothing to see here, Move on.

 

[easymon1]

 

[Sekiyo]

Flat for the year !
Down 20% that’s about flat knowing the ADR