Overview
Description
The T-Rex Inverse 2x Long RBLX Daily Target Fund is a strategic financial instrument designed to provide investors with leveraged exposure to the performance of Roblox Corporation. This exchange-traded fund (ETF) seeks to deliver twice the inverse of the daily performance of Roblox shares. Its primary purpose is to benefit from short-term declines in Roblox's stock price, offering investors a tool for hedging or speculative trading. By employing financial derivatives such as swaps and futures, the fund magnifies returns for each percentage change in the underlying asset on a daily basis. Influencing sectors related to entertainment and gaming, the fund plays a significant role for traders looking to capitalize on market volatility or manage risk associated with Roblox's market movements. As a levered product, it attracts sophisticated investors and institutional players who are well-versed in active trading strategies and understand the complexities of compounding and daily rebalancing.
About
CEO
Employees
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Address
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Website
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Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
BATS