Rochester,NY 8/18/2009 1:29:20 AM
ProShares UltraShort Oil & Gas, DUG - UltraShort Oil & Gas ProShares's Return Could Reach 22.09%
ProShares UltraShort Oil & Gas
UltraShort Oil & Gas ProShares closed at $16.18 yesterday. Now DUG has hit a 52-week low of $15.00 and 52-week high of $86.50. DUG has been showing support around 15.68 and resistance in the 16.82 range. Technical indicators are Bearish.
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DUG appears on the Investors Observer Select ETF and HOLDR list. For a hedged play on this stock, look at a Jan '10 14 covered call (DZG AN) for a net debit in the $12.68 area.
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