Exxon Mobil Corporation (XOM)

[I-Man]

I see it is about 18 months old only. Started IPO'd around 57.00 May 2019, now down to nothing??

TD has a "3X" for this fund:

Effective December 1, 2009, FINRA is implementing increased customer margin requirements for leveraged ETFs in accordance with NASD Rule 2520. This is an industry-wide regulatory change that will affect buying power and could potentially create margin calls for clients holding these securities. The FINRA notice can be found at http://www.finra.org/web/groups/industry/@ip/@reg/@notice/documents/notices/p119906.pdf. In response to the FINRA guidance, TD Ameritrade has decided to make the following changes:
All leveraged ETFs will be set to a margin requirement equal to 2X or 3X the TD Ameritrade base maintenance requirement of 30% (not to exceed 100%).

2X = 60%
3X = 90%

The TD Ameritrade base maintenance requirement for naked options will be multiplied to correspond with the equity margin requirement.
Naked Calls:

Greater of:

60% or 90% of market value of deliverable + option value - out of the money amount (if any)

Or

10% of market value of deliverable + option value
Naked Puts:

Greater of:

60% or 90% of market value of deliverable + option value - out of the money amount (if any)

Or

10% of strike price + option value
All leveraged ETFs will be ineligible for use of DTBP
Margin calls will be generated for any accounts with equity that is less than the margin required. Standard due dates will be assigned.