CryptoNewsBreaks — Inverse Cramer Tracker and Long Cramer Tracker ETFs Launch on CBOE (SJIM & LJIM)
The Inverse Cramer Tracker ETF (CBOE: SJIM) and the Long Cramer Tracker ETF (CBOE: LJIM) have started trading on the Chicago Board Options Exchange (CBOE), the world's largest options exchange. According to the announcement, these “distinctive exposures allow investors to profit a decline or a rise in the public recommendations of Jim Cramer.” Through SJIM and LJIM, investors of all sizes and types will have access to take sides on Cramer’s recommendations. An actively managed exchange traded fund, SJIM attempts to achieve the inverse of Jim Cramer’s recommendations by going short regarding anything he recommends buying and going long regarding…