ProShares Ultra Short Silver (ZSL)

[Omar8]

AlwaysRed,




If silver goes to say $28 and ZSL is about $13 when silver is $28...then if silver goes down to $22.5 then doing 2X would yield about a little over $18....is this math correct ?

It's kind of what AGQ is experiencing now even though silver is near $28 AGQ has yet to reach it's 52 week high and that was set when silver was barely over $26 about a year ago.