An ETF Options Strategy To Carry Forward Low Gas Prices [View article]
Take a look at DTO, the double-inverse crude oil ETN. It is up 400+% in the last six months. DXO, the double-long equivalent, is down ~87% (currently around $3), while OIL/USO are down ~67% in the same time.
I am long DXO. I think the reward opportunities far outweigh the risks at this point. Even if oil goes down some more, I don't see how it can fail to go up over time.
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Take a look at DTO, the double-inverse crude oil ETN. It is up 400+% in the last six months. DXO, the double-long equivalent, is down ~87% (currently around $3), while OIL/USO are down ~67% in the same time.
Dec 16 01:50 am
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All Comments by Kunst »An ETF Options Strategy To Carry Forward Low Gas Prices [View article]
I am long DXO. I think the reward opportunities far outweigh the risks at this point. Even if oil goes down some more, I don't see how it can fail to go up over time.