Why Did BOIL Stock Drop? Unpacking the Factors Behind the Natural Gas ETF’s Performance
BOIL, the ProShares Ultra Bloomberg Natural Gas ETF, is designed to deliver twice the daily performance of the Bloomberg Natural Gas Subindex. This leverage makes it a popular instrument for traders seeking to capitalize on short-term movements in natural gas prices. However, this same leverage amplifies both gains and losses, making BOIL a particularly volatile … Read more