ProShares Ultrashort Crude Oil ETF. Leveraged ETF when there’s heightened volatility in the market, it provides 2× daily short exposure to crude oil prices.
Obviously we’ve seen the price of oil climb in Q1. Some days oil is up, but there’s days when it’s down. I’d like to know is SCO an ETF you’re (day)trading at the moment or not going near it? What’s its popularity
Small account investor here with some some risk/reward to play with and digging deeper into how leveraged ETFs can be beneficial on certain days
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