OOO betashares crude oil index etf-currency hedged (synthetic)
Add to My Watchlist 2.81% ! $19.36

WARNING: Read me before buying OOO, page-137

  1. davidtsao15
    552 Posts.
    lightbulb Created with Sketch. 107
    clock Created with Sketch.
    20/04/20
    12:04
    Post #: 44139340
    OOO will have a high correlation with WTI Oil price if the contango/backwardation is negligible.

    Now the contango is extremely high. Compare 05 contract and 08 contract, it's almost 100% difference, which means if we see a 100% increase in oil price, OOO will luckily level off.
    OOO Price at posting: $19.36 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Listen: HotCopper Wire Podcast 018 – Potatoes, TACOs, and the $120M helicopter heist
right-arrow Created with Sketch.
NEWS Transformative PV solar recycling acquisition completed
right-arrow Created with Sketch.
NEWS High-Grade Gold Discovery Extends 75m North at 8 Mile Drill Hole
right-arrow Created with Sketch.
NEWS High-grade copper identified at Nejo Gold Project, Ethiopia
right-arrow Created with Sketch.
NEWS Diamantina Advanced Copper-Gold Project Acquisition in Western Queensland
right-arrow Created with Sketch.
NEWS Access the latest ASX news here
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.