PT ULTRSHRT DOW30 PS (DXD)

All Comments on DXD

  • commenter
    Oct 07 01:02 PM
    Options Trader: Anticipating Monday Carnage [view article]
    gibberish...would life be grand if it were all sinusoidal waves!!! Reply
  • commenter
    Oct 07 09:42 AM
    Options Trader: Anticipating Monday Carnage [view article]
    Buying options at this VIX level is STUPID. Do people realize that!!!
    Its better to do covered calls now since the stocks are way down and calls are way overpriced.
    Look at GOOG for that.
    Reply
  • commenter
    Oct 07 09:38 AM
    Options Trader: Anticipating Monday Carnage [view article]
    He's not advocating puts, he's advocating cashing out the puts into the downturn. Do you even read these articles before you attack? Reply
  • commenter
    Oct 06 11:41 PM
    Options Trader: Which Way Wednesday? [view article]
    a corrupted system should not survive. death to the fed and goldman sachs save taxpayers money and put them in the same hole


    On Oct 02 12:14 PM User 218405 wrote:

    > If we keep telling people the sky is falling and the end of the world
    > is coming, they will begin to beleive it. We don't need anymore losers
    > like Philip Davis. The time to buy is when the market is down if
    > you beleive this country of ours will survive.
    > Daniel Kowkabany
    Reply
  • commenter
    Oct 06 09:58 AM
    Options Trader: Anticipating Monday Carnage [view article]
    "We are hoping for signs of hope... the sentiment is very bad".

    Uncharted territory, total international financial collapse is possible.
    Reply
  • commenter
    Oct 03 09:06 AM
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    anyone know how far out banks do profit projections? calculations on what percentage of people will default? i assume its at least 50 yrs? don't they know what to expect? PS-SRS is doing GREAT Reply
  • commenter
    Oct 02 12:14 PM
    Options Trader: Which Way Wednesday? [view article]
    If we keep telling people the sky is falling and the end of the world is coming, they will begin to beleive it. We don't need anymore losers like Philip Davis. The time to buy is when the market is down if you beleive this country of ours will survive.
    Daniel Kowkabany
    Reply
  • commenter
    Oct 01 03:19 PM
    Double Short ProShares ETFs [view article]
    I figured it out myself. DXD issued a 6% dividend. I take back my insinuations that the DXD ETF is less than credible. Reply
  • commenter
    Oct 01 11:39 AM
    Options Trader: Which Way Wednesday? [view article]
    READ: the great bank rush of 2008 ( on seeking alpha) - re: the fed has suspended rules that prohibit banks from using deposits to fund their investment banking subsidiaries Reply
  • commenter
    Sep 30 11:31 AM
    ProShares UltraShort and UltraLong ETFs [view article]
    UYG what am I not getting here? It says it tracks the DJUSFN index, with 2x the return. DJUSFN is up 6.07% today. So UYG should be up 12.14%. However as we speak UYG is up a measly 2.2%. Reply
  • commenter
    Sep 29 05:45 PM
    Double Short ProShares ETFs [view article]
    Does anyone know why the ProShares DXD UltraShort ETF dropped 6.14% overnight from Sep 23rd to Sep 24th? The Dow Jones Industrial Average only moved up 0.20%, so the the DXD should have only dropped about 0.40% (twice the inverse). I could understand if the DXD occasionally lost a half of a percent with respect to its base index, but 6% in one night ????? Did ProShares take 6 years worth of fees that night? It certainly reduces the feasibility of achieving any gains from this ETF. Reply
  • commenter
    Sep 29 03:53 PM
    My Website
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    Thanks. Great answer, and I agree with you. Reply
  • commenter
    Sep 29 02:17 PM
    My Website
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    Dr. Divergence:

    This is uncharted territory. Closest example may be the INP exhange traded note from Barclays that stopped issuing creation units when India temporarily stopped certain foreign investments. That went way out of wack.

    In this case the instruments used to fund the inverse fund are most likely of definite term, except for their actual stock shorts. The derivatives will expire and the fund will become less short. Until the next report, we won't know how many if any actual stock shorts they have.

    Absent actual stock shorts the fund assets will be in run-off and would eventually be all cash or government debt instruments. In a rational world, the price would approach the NAV in that case.

    The expectations for future actions by Congress would probably be key, but I have no idea what those actions would be or how the market would respond.

    Today when the bailout vote failed the SPY was off nearly 7%.

    SKF is up 18+% as of the moment with nearly 16 million volume. XLF is down 11+% with 52 million volume, so the 2x leverage is approximately working for the moment.
    Reply
  • commenter
    Sep 29 01:29 PM
    My Website
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    Point taken, Richard. Good article. Do you have any views about the tracking error issue in SKF et al now that they are unable to issue new creation units due to the short ban? Reply
  • commenter
    Sep 29 01:21 PM
    My Website
    Short Cut to Profits? A Closer Look at Inverse Funds [view article]
    Dr Divergence

    I said it "exposes" short investor to interest. That is meant to convey that interest "could" be a factor if the trade goes against the investor to create a margin call.

    The point is correct about the "potential" for interest cost, which is not a potential cost with a non-margined long position in an inverse fund.
    Reply