Replies to post #17 on ProShares UltraPro S&P500 3x (UPRO)

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Does this have any type of decay or no?

It can. It is time related. Keep in mind this is only daily 3x's. You can do a perf chart and see what it is.. it likely varies.

Same as with UCO and the example is below... It is called contango.



However.. you can have the opposite effect too. This is called normal backwardation.

And this is what has happened with UPRO