People always say that. In rising bond yield environment its good for banks.
I thought bond prices are inversely correlated to yield. The coupon is basically fixed in $ amount per year. So if bond price is high it means yield lower.
I understand fed funds rate affects short term borrowing rates. I don't understand why people say bond yields rising has effect on lending? They arn't related are they?
i dont understand the bank swap explanation.
I understand bank swaps are interest rate swaps? So what does being long NUGT do? How are bank swaps even in play? Is NUGT profit taken from DUST losers and vice versa? I dont get how this all plays out and works.
Are these 3X ETFs basically like a bucket shop where you simply bet on the move of something without really owning it?
Traditional ETFs they own a portfolio of stocks that you can even redeem.
But NUGT, what is it? I dont understand what NUGT even is? I tried searching for it but I dont understand what makes up NUGT,
They track the GDX? So can you redeem NUGT for GDX? What is the ETF betting on that gives them the 3X effect on GDX? Or do they simply tell the stock ticker what the price is calculated upon whatever percentage the GDX is moving? So its all money only... kinda like bucket shop betting?
No, you are. I am a seller of 179 puts. I want it to go back above 179.
Well I need it to go back up to above 179 by next friday or else I take a loss.
My expiration is next friday!!
Can it rebound by then? Portfolio margin allows me to hold more options than I can buy stock so I will take a loss for sure on something even if I take the stock put to me.
Well its 178 now. So I am $1 under intrinsic value. I thought 179 was support
Who said? Any source? Dam I might have to take a loss on my 179 puts.