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

WARNING: Read me before buying OOO, page-226

  1. genaussie
    13 Posts.
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    20/04/20
    23:16
    Post #: 44153657
    The current drop ia due to the expiry of the May contract which the SP is based on. SP is dropping because if you don't get out, you will need to receive the oil literally/phhsically and that comes with a storage cost. SP will increase tomorrow when June futures contract takes over.
    OOO Price at posting: $19.36 Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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