Qld, Qid, Qqqq

Any reason these are not correlating today?

Thanks

 

No one knows? QQQQ up, QID (ultrashort) up and QLD (ultralong) up....puts trading up as well I know the VIX popped a little, but still

 

Last time bump

 

ok i lied, THIS is the last one

 

The ETF managers are taking their cut.

 

How is that?

 

Maintenance fees - it's in the prospectus ...

 

Smart guy, I know THAT ...which in itself doesn't explain why the underlying is UP, the inverse is UP and the double-leveraged up is DOWN.

ie: QQQQ up 0.5%
QID (double short) up 1%
QLD (double long) down 1%
ATM Aug puts up as well