What is the 2X inverse ETF S&P 500?
Excuse me, could you please explain what exactly is the 2X inverse ETF S&P 500? I'm interested in understanding how it works and what kind of investment opportunities it presents. I've heard it's a way to potentially profit from the S&P 500's decline, but I'd like to know more about its mechanics and potential risks. Thank you in advance for your clarification.