Posted:
#1
currently at 27 and change???
anyone like???
anyone like???
dust to 33$???
Views: 825
Posts: 9
Posted:
#8
If you short both DUST and NUGT, for equal dollar amounts, one will go down a larger % than the other will go up. You're guaranteed a profit. Reason being they take fees out which skews the fund price .
Ex. $10,000 invested in shorting NUGT on sept 1 would've led to a profit of $3980. An equal $10,000 short position in DUST on sept 1 would've led to a $2627 loss, netting out to a $1353 profit to date.
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