From the beginning of 2019 till now the SPI has risen some 1500 points. In that same time frame the BBOZ has almost halved from $16 to current price $8.43.
Does this mean that BBOZ will eventually hit zero in coming years if the index rallies to ten or fifteen thousand points? I really cant see why it won't?
Maybe the real trade is to short this thing down to zero if that's possible with some other kind of instrument..
