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BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HZOZF | HROZF

HOU¿s investment objective is to seek daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to up to two times (200%) the daily performance of the Horizons Crude Oil Rolling Futures Index. HOU is denominated in Canadian dollars.


TSX:HOU - Post by User

Comment by Mat1791on Apr 21, 2020 4:25pm
232 Views
Post# 30935976

RE:RE:RE:RE:RE:Nobody here knows

RE:RE:RE:RE:RE:Nobody here knows
Mat1791 wrote:
Mat1791 wrote:
Mat1791 wrote:
Mat1791 wrote:
AngelaF wrote: What does it means???

THIS 0,37$......???????   Thanks


No what.  At the close of today, 4pm. HOU is worth .37.  If it's allowed to open tomorrow it will be worth whatever happens over night.
 


The June futures at N/A stock market close of 4pm = 13.11.  This is what you use to figure out tomorrows open.

Example, lets say overnight the futures rise to 15 by 9:30, 15-13.11=1.89, 1.89/13.11=.144 or 2X=.288 (28%).  Therefore HOU .37 X1.28 = .47 open.


Actually get HOU right now at .718
 


I haven't seen the new release yet but the .37 I calculated earlier was at that point of time.  The June futures came off their lows and rallied into the N/A market close.  I say HOU closed at .71



Yes, just read the news release.  Sorry typing on the fly before I due my research.  The .37 was what HOU was worth at 2:30pm, also when I did my calculaitons.

HOU at close 4:00 is worth .71.  If the futures didn't move over night (which they won't) this is what HOU would open at tomorrow morning.

I think I'm done...drink time, it's only money!

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