ASTX Falls 2x ASTS, After BlueBird 7 Failure. Too Much Implied Volatility (BATS:ASTX)
Summary
ASTX (2x leveraged ASTS ETF) carries major volatility decay and compounding risk amid 80%+ implied vol, high valuation and refinancing risk.
Description
ASTX (2x leveraged ASTS ETF) carries major volatility decay and compounding risk amid 80%+ implied vol, high valuation and refinancing risk.
Original reporting
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