Why Is BOIL Surging Recently?
Cold Weather, Natural Gas Inventories, and Volatility Explained Recently, BOIL (ProShares Ultra Bloomberg Natural Gas) has shown a sharp rebound that caught many investors’ attention.As always, BOIL moves far more aggressively than the underlying natural gas price, amplifying both gains and losses. However, BOIL is not a typical “buy and hold” ETF.Its price behavior is driven less…