The VIX is up 81 cents and this is a 2X fund. It should be way up??? This is insane. You cannot even trade this piece of #$%$. Where is the SEC??? Someone needs to look at these funds at how they trade their futures contracts. Something is really wrong here!!!
Somewhere in the formula, the S&P 500 is a big player in this stock, it is supposed to reverse follow by 2X. But this thing also behaves like a stock depending on supply and demand which everyone is overlooking.