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Re: AD post# 263348

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

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

Post# of 372719
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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