BOIL, the leveraged natural gas ETF, is known for its violent swings. To quantify this behavior, we measured how often BOIL makes extreme 10%, 20%, 30%, 50%, 75%, and 100% moves in either direction. The analysis covers daily intraday swings vs yesterday’s close, intraweek ranges vs last week’s close, and intramonth ranges vs last month’s close, using data from October 2011 through September 2025.
Note: We used intraday highs and lows instead of just closing values. This better reflects trading reality, since stop-loss levels are more often triggered by intraday spikes or flushes before the close.