RE:RE:RE:I bet last time when NatGas prices went to near zero/negativCrazyTrader wrote: I don't short, and I don't recommend to do so, but .......In Theory Shorting either HND or HNU in the long run should pay off, just look at the charts.
Short term, HND could go either way, down to $75 or up to $300+....$400....$500...
15 or 20 years ago, I tried shorting a leveraged ETF........ I got a call from the broker demanding me to cover. I asked why because I wasn't in margin call, he said it had to do with something on his end. He said I could do it or he'll do it, he gave me 24 hours. I told him I'll do it. I decided to wait to the next day to place the order. Next day opening bell, the stock opened MASSIVELY down.
I never shorted again. I found it extreamely suspicious that broker demanded me to cover and the next day it opened massively down. I also learnt that broker can demand you to cover at any time, you don't need to be in a margin call.
All just my opinion/view/thinking/experience
When you are investing/trading in leveraged funds, you need to have a short horizon to snipe in and out playing the swings, HND was a sure thing at the time, but not anymore, I think HNU has more portential to go up from here.