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

WARNING: Read me before buying OOO, page-91

  1. irickychong
    1,056 Posts.
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    18/04/20
    20:41
    Post #: 44120967
    Based on current price
    $18.12 May and $33.95 December that is 87.36% increase to avoid any losses
    $18 12 May to $40.00 WTI NOW that is 120% gain in oil, based on current OOO price $5.27 price will be approx $11.59 based on figures above.

    If it comes to Tuesday, new price $25.14 will roll out and $33.95 Decemer that you will need 35.044% to break even. WTI will need to be $33.95 through out this contract till December...

    If you are Holding it as $40 till Decembers contract $33.95 then that's only 17.82%, + $5.27 price = 0.94 cents + $5.27 = $6.21

    Please correct me if I am wrong ?
    OOO Price at posting: $19.36 Sentiment: Sell Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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