Seeking Alpha

YCL
  ProShares Ultra Yen ETF - NYSEARCA

10/22/2014, 4:39 AM ET
  • Hypnos7 | Send Message 10 Apr 2012

    Lesson learned today: watchout for gap-ups in low liquidity ETFs. Got burned at the open by YCL today. Should've used a limit order v. FXY
    Reply (2)
    • Windsun33 | Send Message 10 Apr 2012
      : Yup, that is why I usually stay away from very low volume ones. Even if you can sell, the bid/ask is often very poor
    • Hypnos7 | Send Message 10 Apr 2012
      : FXY usually gaps up/down due to the overnight trade and YCL/YCS mirror that, but today's YCL fill was especially bad.
      YCL vs. ETF Alternatives
      YCL Description
      ProShares Ultra Yen seeks daily investment results, before fees and expenses, that correspond to twice (200%) the U.S. Dollar price of the Yen.
      See more details on sponsor's website
      Country: Japan
      Key Info
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