UltraShort Financials ProShares volatility at 14-month lows
UltraShort Financials ProShares is recently up 29c to $24.73 in pre-open trading. SKF is an exchange traded fund seeking daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index. Over all option implied volatility of 63 is below its 26-week average of 73, according to Track Data, suggesting decreasing price movement. :theflyonthewall.com
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