YCSProShares UltraShort Yen
YCS Fund Description
YCS provides a 2x inverse multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters.
YCS Factset Analytics Insight
YCS offers 2x leveraged inverse exposure to the Japanese yen/US dollar cross, providing big gains when the yen falls against the dollar. The fund is designed to be a short-term product, and rebalances its -2x exposure on a daily basis. As a result, long-term returns in YCL could diverge significantly from expected returns due to compounding effect and path dependency. Also, keep in mind that the fund's NAV is calculated according to the JPY/USD cross as published in the Wall Street Journal — a value that may differ from other quoting sources.
YCS Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of YCS. YCS is rated a 5 out of 5.
Options Strategies for Outcome Investing
Options allow you to customize investment outcomes. Using the strategy builders provided by Cboe Vest Technologies, you can construct some of the most common option strategies. Check out our user guide for more information on how to use the tool.
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.