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ProShares UltraPro Short Russell2000 (SRTY)

NYSEArca - NYSEArca Delayed Price. Currency in USD
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10.11-0.07 (-0.69%)
At close: 4:00PM EDT

10.37 +0.26 (2.57%)
Pre-Market: 8:17AM EDT

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  • P
    Perry
    I just started buying this fund today. The markets can’t keep setting records every day indefinitely. Everything looks overbought and expensive. I’m not selling my long positions, I’m just buying insurance on them.
  • D
    David
    I think this will head down to low 7s mid 6s before it has a meaningful bounce. 🧐🤷🏻‍♂️
  • D
    David
    I’m not letting go of URTY but I have a small position with you guys now. I think it can challenge 14. I don’t expect much after that and honestly I’ll be most out at $13.20.
  • J
    James
    Just want to keep position opened. That way when market corrects, will see gains.
    Bullish
  • D
    David
    I’ve been mentioning the levels for some time now. Thumbs down and hatred galore, but...here we are 😂😂 it may make you feel better that I sold the rest of my URTY today. But I’m not ready to enter this yet. 🧐
  • Y
    Yves L
    So it's up 12% in not even 4 days? makes sense lol. I think it's safe to accumulate here for a pullback. Geez how fast can the market go up really. it's like 1 and a half years average gains in not even 4 days.
  • J
    Jeff
    When do we head lower again? I picked up a few shares around 9'ish. I keep thinking there will be one final push lower, and I'm wanting to try to average down more. I'm not trying to start a debate as to whether that's a good strategy. It is what it is at this point. But I would like to cut my average cost before this thing trends higher ...
  • J
    Jeff
    Where's the entry point ... ?
  • Y
    Yves L
    Is this the last week return 7.70% or the annual average return 7.70%? Hilarious. It will probably pop up 5% Monday morning.

    20-year returns
    Looking at the annualized average returns of these benchmark indexes for the 20 years ending June 30, 2019 shows:
    S&P 500: 5.90%
    Dow Jones Industrial Average: 7.03%
    Russell 2000: 7.70%
  • J
    James
    "Waiting for the last dance". All should read Jeremy Grantham's article
    Bullish
  • K
    Kevin
    I got my Stimmy David is it time to buy? 😂
  • D
    David
    I think the party is about end tonight or in the morning. 🤔 $2170 not likely to break.
  • G
    GiladEd
    iPath Series B S&P 500 VIX Short-Term Futures ETN
    start building small position also $SQQQ $SRTY
  • M
    Michael
    Hi everyone, please read this before investing in SRTY. This is a negative triple leveraged ETF. It only works when the Russell 2000 goes DOWN in value. If the Russell 2000 (RUT) goes down 1%, SRTY goes up 3%. It is only meant to be held for short periods of time, typically 1-5 trading days. Why, you may ask? Because on average the stock market rarely goes down for more than 5 trading days, and when it bounces higher, you lose 3X % that the Russell goes up, almost instantly evaporating any gains. If you do the math you will see what I mean. I have held this for an extended period of time between 2019 and 2020 and experienced very large gains and very large losses. The stock market can stay irrational longer than any of us can stay solvent. If you want to use this ETF properly I have two suggestions: 1. Subscribe to a proven macroeconomic research newsletter that will provide a strong signal of when a correction may be near (Hedgeye). Then when it signals the correction buy SRTY. 2. Wait for the correction to begin which means after the first 5% drop in the Russell 2000, THEN buy SRTY. Both methods will help you limit your losses and maximize your gains. One final thought, unless the end of the world is near, you want to be selling 10-20% of this position every time it goes up 10%. By the time it has gone up 30% you should have most of your original investment out and will have greatly reduced your risk. My best guess is Q3 2021 will be getting closer to when a correction may occur, until then you are going to lose your shirts (blouses) on SRTY. Good luck out there
    Bearish
  • D
    David
    Took some profit at 12.90. 11.50 is my stop today guys, Russell looks strong.
  • w
    wanttruthinvestor
    I bought April 16 $14 calls. I'm making money on them already and from the looks of things I could make a lot
    of money.
    Bullish
  • D
    David
    Added more URTY...😉
  • H
    Henry
    A piece of plywood is $60 in California, compare to $25 a year ago. They are telling us there is little to no inflation. Just printing, I am losing little bit of money here, but want to see where is this country going.
  • w
    wscott
    Call it a lark, but I’m buying... the markets are hyperventilating with FOMO. Hedge Funds are squeezing shorts in the s&p like robinhooders moved on GME
  • K
    K B B
    I'd like to buy back but there is no end in sight for the bull market as long as the government keeps on flooding the market with money. The $1.9T is a certainty now. Expect more bleeding from SRTY. Looks like I'll see y'all at $5 again followed by another reverse split by summer