Shares: SPXU

ProShares UltraPro Short S&P500 (SPXU)

Update 5/25/2018: SPXU underwent a 4:1 reverse stock split on May 24. Here is the updated basis:

sym entry exit result (%) annualized (%) entry date exit date
SPXU 40.56 5/15

I have entered a shares position in SPXU, a triple-leveraged inverse fund based on the S&P 500 index.

The Fisher Transform on the S&P 500 signaled a downtrend this morning on the daily chart, a profitable direction for inverse funds.

The trade, with the basis reflecting the price prior to the May 24 4:1 reverse split:

sym entry exit result (%) annualized (%) entry date exit date
SPXU 10.14 5/15

By Tim Bovee, Portland, Oregon, May 15, 2018

Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.

License
Creative Commons License

All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at www.timbovee.com.

14 thoughts on “Shares: SPXU

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s