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Alias Born | 01/31/2010 |
Thursday, November 24, 2016 2:46:10 PM
1) UCO / SCO = Proshares 2x oil ETF. These are ETFs, not ETNs. But 2x is obviously not as fun as 3x leverage.
2) GUSH / DRIP = These are Drexion 3x oil services ETFs that I have been trading. The volume should increase after UWTI and DWTI are gone.
3) XOP / DNO are 1x leveraged oil/gas combo plays. Although they are not leveraged, these are good because they don't have the contango effect to the extent the others do. So, you can sit on them longer for seasonal plays.
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