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RBLU

85.26000 USD
5.44
6.82%
Last update Aug 28, 3:59 PM EDT
Main market
Day range
81.36000
87.24900
Previous close
79.82000
Open
81.36000
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T-Rex Inverse 2x Long RBLX Daily Target Fund
85.26
5.44
6.82%

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

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Address
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Instrument type
Common stock
Sector
Industry
Country
United States
MIC code
BATS
Main market

Exchange is currently active.
Closing in 48 minutes

15:11
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).