BetaPro Crude Oil Inverse Leveraged Daily Bear ETF T.HOD

Alternate Symbol(s): HBTPF

ng of shareholders on July 2, 2020 (see Recent Developments). HOD's investment objective, which became effective at the close of business on July 9, 2020, is to seek daily investment resHOD's investment objective was changed after gaining approval at a meetiults, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the inverse (opposite) of the daily performance of the Horizons Crude Oil Rolling Futures Index (the Underlying Index, Bloomberg ticker: CMDYCLER). HOD is denominated in Canadian dollars. Any U.S. dollar gains or losses as a result of the ETFs investment are hedged back to the Canadian dollar to the best of its ability. In order to achieve this objective, the total underlying notional value of these instruments and/or securities will typically not exceed two times the total assets of the ETF. As such, HOD employs absolute leverage.

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BetaPro Crude Oil Inverse Leveraged Daily Bear ETF

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Post by mikerosoft666on Jan 27, 2009 5:21pm

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Post# 15731756

Mike - covered in his own vomit...

I let everyone down here, having described myself as a self-proclaimed gutsy contrarian and holding HOD in a major fire-fight of volatility, I chickened out at 25.30 early in the session. In fact, I started buying HOU shortly after under $8.50... but really got excited when it broke under $8...

So I may be throwing up all over again in the morning as oil continues south after the numbers...

Just sick of looking at what I tossed away by not hanging in on HOD. I thought for sure the insanity was pointing in the other direction... this price makes sense to me.

I guess I follow the head fake too easily ...

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