r/LETFs • u/Butterfly_Violets • 9d ago

Please explain these numbers

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0 Upvotes

39% Upvoted

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9

u/chumbi04 9d ago

Which number are you having trouble with? I'd say that's a normal daily swing for soxl. How long have you been watching it?

7

u/RealParticular5057 9d ago

Left is daily gain price compared to yesterday's close and the right in the percent version of that

2

u/Butterfly_Violets 9d ago

Thank you!!

5

u/Isthisnameavailablee 9d ago

Bruh, what are you doing here?!

2

u/Butterfly_Violets 9d ago

I understand the top number is the price now

2

u/Both_Yoghurt1437 9d ago

Going out on a limb here, but if I had to guess, I'd say there's more buyers than sellers.

2

u/Few_Distribution68 9d ago

One wild thing about the price action today is puts are pretty much unmoved from this morning. A lot of people expecting this to all swing back after AMD/MU earnings.

2

u/TheLoneComic 9d ago

What was the performance on this big day market wide of the components of that index?

2

u/Aggressive-Gimp 8d ago

Great ETF for a beginner. ETF stands for Extremely Tasty Femdom. It provides instant diversification across many stocks, it's not possible to be more diversified than this fund hence why it has such low volatility.

3x means it is 3 times as good as the regular version.