yes, futures.
they short sp500 futures mainly using warrant contracts (mini-e.... mar22)... not the actual sp500.
as of the end of trade last friday they have tightened up to 202% (sometimes it can get to near 300%) .... that is the return figure before costs.... so expected bbus returns as of right now is slghtly less than 2% upside for every 1% sp500futures decline (before they change it on monday with whatever the monday futures do).
yes, futures.they short sp500 futures mainly using warrant...
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Last
2,958.8 |
Change
17.070(0.58%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 2,958.8 | 0.00 | 0.00 |
| SP500 (INDEXSP) Chart |
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