ProShares UltraPro 3x Short Crude Oil ETF (OILD)

[tw0122]

Back in play for a few hours today. Open and close trade quickly

[CCaptain]

Exactly. I was about to jump in at $35 so it wouldn't have been worth it. I was gonna hold long and wait for the rebound that may have seen 300%.

[WishMeLuck1]

My Calls should be worth 15k now they are worth 0. Lost $6000 on this being delisted, does anyone with a call option that want ITM get anything back?

[Montanore]

"Any shareholders remaining in the funds will have their shares redeemed at net asset value on or about April 3, 2020."

This is a shame because OILD should have seen a good pop today with the oil price collapse.

I wonder what the 'net asset value' will be on April 3? Anything they want it to be? Fifty cents? LOL

[WishMeLuck1]

So I assume contracts aren’t worth shit then.

[CCaptain]

Whoops! Just found the answer.

https://www.proshares.com/news/proshares_announces_changes_to_etf_lineup_031220.html

[WishMeLuck1]

Gone! It was up 25% and now it’s gone. Last time oil dropped this ran to $100 plus now they delisted, I’m out $5000 on a call option that would be worth $15000

[CCaptain]

I've been watching it and this morning, can't find it anywhere.

[WishMeLuck1]

What happened to our stock? It’s gone.

[Montanore]

Surprised to see there is little interest in this ETF considering its run.

[Kylef]

Looking good on charts

[stocktrademan]

OILD buy 10.91



















normal chart




log chart

[Doubleday]

Going to be a good trade at this level.

[stocktrademan]

OILD bullish 28.74









normal chart




log chart

[tdbowieknife]

New ProShares UltraPro 3x Short Crude Oil ETF...

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