Microsectors Oil & Gas Exp & Prod -3x Inverse Leveraged Etn (OILD) News

Back in play for a few hours today. Open and close trade quickly

Exactly. I was about to jump in at $35 so it wouldn't have been worth it. I was gonna hold long and wait for the rebound that may have seen 300%.

My Calls should be worth 15k now they are worth 0. Lost $6000 on this being delisted, does anyone with a call option that want ITM get anything back?

"Any shareholders remaining in the funds will have their shares redeemed at net asset value on or about April 3, 2020."

This is a shame because OILD should have seen a good pop today with the oil price collapse.

I wonder what the 'net asset value' will be on April 3? Anything they want it to be? Fifty cents? LOL

So I assume contracts aren’t worth shit then.

Whoops! Just found the answer.

https://www.proshares.com/news/proshares_announces_changes_to_etf_lineup_031220.html

Gone! It was up 25% and now it’s gone. Last time oil dropped this ran to $100 plus now they delisted, I’m out $5000 on a call option that would be worth $15000

I've been watching it and this morning, can't find it anywhere.

What happened to our stock? It’s gone.

Surprised to see there is little interest in this ETF considering its run.

Looking good on charts

OILD buy 10.91



















normal chart




log chart

Going to be a good trade at this level.

OILD bullish 28.74









normal chart




log chart

New ProShares UltraPro 3x Short Crude Oil ETF...

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