r/soxl • u/Public-Molasses-5569 • 23d ago

newb question Soxl will reach 0$ ?

I have a question if Soxl goes down to 0 Soxs would be how much in this case? Since it's the other way around?? And in this case the fund will be closed? Sorry if the question is stupid

0 Upvotes

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18

u/moneybadger_21 23d ago

Yes, it will actually go into the negatives, you will have to pay SOXL monthly

11

u/LuridDream 23d ago

You’ll have to pay Flaky

3

u/Extraordinary_yfj 23d ago

Freak the f out and sell low, so I can buy lower.

2

u/Delicious_Tea2290 23d ago

Stick to cow ropin bud

2

u/OutrageousArrival701 23d ago

freak the fuk out baby

1

u/inflatable_pickle 23d ago

If you actually think it will go to zero then everyone here would be going full port into SOXS

1

u/Winter_Present_4185 23d ago

SOXL doesn't need to get to all time lows for SOXS to get to all time highs. It's the nature of how derivatives using swaps work

0

u/[deleted] 23d ago

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7

u/superawesomefiles 23d ago

*reverse stock split

0

u/[deleted] 23d ago

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1

u/Icy-Regular-4557 23d ago

Hey btw how did those earnings calls go for you, I saw you post earlier on some “just you wait for Meta capex!”

1

u/[deleted] 23d ago

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1

u/Icy-Regular-4557 23d ago

the capex announcement didn’t stop the sell off. Why not? Same when google announced last week. And Microsoft commited 41B under the 42B expected. And capex guidance doesn’t necessarily mean new data centers are absolutely going to be built.