Rbob Etf

[cfree5119]

Is there a 3x inverse RBOB ETF? 2x? I have not been able to find one. Thank you.

 

[Maverick74]

Quote from cfree5119:

Is there a 3x inverse RBOB ETF? 2x? I have not been able to find one. Thank you.

Utter disaster that would be. I can't think of a worse ETF for a 3X. UGA is the 1X and even that one has been problematic.

 

[cfree5119]

is there a 2x? If not is there a ULSD 3x or 2x? Thanks.

 

[Maverick74]

Quote from cfree5119:

is there a 2x? If not is there a ULSD 3x or 2x? Thanks.

No man, look, these are the worst sectors for this kind of an ETF. I don't know what you are looking for but you would hate trading the 3x rbob. The roll would decimate it and the etf would not be shortable. The movements would NOT match the futures contracts and the liquidity would be beyond awful. I think a root canal might be more enjoyable. LOL.

 

[athlonmank8]

I don't understand why people look for abstract stuff like this. What's the point?

 

[cfree5119]

Goal is to go long RBOB and short Brent. Want to do it on a levered basis to capture Q1 pop. What vehicle would you suggest other than the futures contract?

 

[Maverick74]

Quote from cfree5119:

Goal is to go long RBOB and short Brent. Want to do it on a levered basis to capture Q1 pop. What vehicle would you suggest other than the futures contract?

Why not use the 1X?

 

[cfree5119]

I can... just want more meat on the bone.

 

[ogarbitrage]

Just trade the futures.

 

[Maverick74]

Quote from cfree5119:

I can... just want more meat on the bone.

So trade the futures. What gives? You even get margin relief for the spread.