OOO
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2.81% $19.36 betashares crude oil index etf-currency hedged (synthetic)

WARNING: Read me before buying OOO, page-170

  1. genaussie
    13 Posts.
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    20/04/20
    14:21
    Post #: 44143286
    Hi

    The fact that the June contracts are now worth less than what they were purchased for is factored into the current NAV price I assume. So if Spot goes up substantially in the next few weeks, then June futures follows (most likely) and so does the NAV. Do you agree?
    OOO Price at posting: $19.36 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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