Previous Close | 1.5200 |
Open | 1.5200 |
Bid | 0.2500 |
Ask | 4.6000 |
Strike | 19.00 |
Expire Date | 2022-07-15 |
Day's Range | 1.5200 - 1.5200 |
Contract Range | N/A |
Volume | |
Open Interest | 7 |
Inverse oil exchange-traded funds (ETFs), which are leveraged and can be highly risky, seek to short either a single energy commodity or a combination of several energy commodities. Examples of the types of commodities typically shorted by these ETFs include crude oil, gasoline, and heating oil. Oil prices have rebounded significantly since early 2020, when the impact of the coronavirus pandemic helped drive oil prices into negative territory.
Plus, a look at changes to existing ETFs during the week.