July 07, 2011 at 14:32 PM EDT
ETF Chart of the Day: ProShares UltraShort S&P 500 (SDS)
We recently observed buyers of calls in ProShares UltraShort S&P 500 (NYSEArca: SDS). Call buyers in this inverse (leveraged) product is equivalent to getting short the S&P 500. This allows us to bring emphasis to other short (inverse) and leveraged products in the large-cap space....
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