FNGU once again taking off. Remenber it's a 3x etf. Looking.to add a short position. A small one. ... Stock can plummet 100 bucks in a few days With earnings from the mag 7 you will see 20 to 50 dollar daily moves. Will be shorting tomorrow.
There is currently no FNGU. It was split into FNGA & FNGB. FNGA is the old debt structure & FNGB is the new one. FNGA will end on 5/15, I believe. FNGB will be renamed to FNGU on 6/2. It's all a mess. I think FNGD is unchanged. https://www.elitetrader.com/et/threads/fnga-fngb-fngu-confusion.383667/