I noticed that the ticker 3SRR has always been on the top winners on 212, whereas 3LRR has been in the top losers.
I understand its levered but what exactly isit? Why is the short one going up every day whereas the long one goes down? I tried to google around a bit but i dont really understood much.
Could someone explain that to me what it isand why the price difference between the lomg and short , please?
There is some clarification provided on other posts.
If you are still not clear after going through these posts, let us know and we can try to provide clarification.