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S&P 500
5,537.02
(
0.51%
)
US TECH 100
19,641.60
(
0.83%
)
Dow Jones
39,308.00
(
-0.06%
)
Brent Oil
87.33
(
0.48%
)
Bitcoin
58,122.19
(
-3.39%
)
Post# of 364524
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ced70

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ced70

Re: AD post# 263348

Wednesday, 08/26/2015 9:48:36 PM

Wednesday, August 26, 2015 9:48:36 PM

Post# of 364524
its because its a 3X bear and under normal circumstances would decline 90-95% a year. so its natural line right now is around 50 or below. its 3 times that so the put premiums are jacked. it could drop $40 in 2 days easy if china rallied 2 days in a row. its similar to uvxy except china.

CALL or PUT at your own risk. I offer opinions and nothing else. Good luck.

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