In today’s article, we’ll look at the listed fund ProShares Ultra Bloomberg Crude Oil (NYSEARCA: UCO ), owned by famed investment manager BlackRock. This exchange-traded fund is a vehicle designed to offer twice (2x) the daily yield of the WTI oil benchmark, which isAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions ...