May. 8 at 9:08 AM
$CORD up 9.9% premarket to 4.79, which is just CRWV getting smacked overnight. flat here, the ask is stacked 83x heavier than bid which is somebody's exit door, not an entry signal. if I want short CRWV exposure I'll just short the underlying at the open, daily decay on a 2x inverse eats you alive on any sideways tape. anyone actually swinging these inverse ETFs or you all just trade the real ticker?
the headline driving the gap: https://tapeboard.com/chart/CORD?utm_source=stocktwits&utm_medium=post&utm_campaign=olivia&utm_content=cord-pm-up