SNXXB Here, the loss has a different explanation. The underlying asset reached $5.40 after a decline of 18.92%. It’s a 2x leveraged product linked to SanDisk stock. That means traders are exposed not only to the stock’s movement, but also to the effect of leverage. Personally, I’m not comfortable with this type of product, especially during periods of high volatility.
#USOctoberNFP-AreRateCutsStillPossible
$SNXXB
$AAPLB