$Bloomberg Natural Gas Bull 2X ETF(BOIL)$ many of you don’t understand that any article you read is by definition already priced into the futures curve, which had Nat Gas nearly doubling in the back half of 2023. Holding BOIL you must overcome the contango in the futures curve plus the 5% per month decay. Doesn’t mean you can’t win but at least understand the game and why this is designed to go down 90% of the time.
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