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Alias Born 09/30/2005

Re: Meximus post# 9013

Tuesday, 04/04/2017 4:59:47 PM

Tuesday, April 04, 2017 4:59:47 PM

Post# of 20575
JNUG has no intrinsic value, it is the 3x etf of GDXJ. The 3 times return or loss is generated by swaps with a counter party.

It is a casino/ trading tool.

I think of it as a option that never expires, It does have decay through the swaps. It is not a long term investment.


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y