Replies to post #150 on Proshares 2x Short Oil ETF (SCO)

[zen222]

Brent up 12% and Light Sweet Crude up 26%.

[totffe]

Are you asking why it is ONLY down 6%? Given the sharp rise in near term crude contracts, it should be down 15%, so I am thinking that this small loss means SCO is looking out to August contracts, which are only up a little bit,