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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.


TSX:HOD - Post by User

Comment by mikerosoft666on Jan 15, 2009 3:43am
231 Views
Post# 15705660

RE: mikerosoft

RE: mikerosoft
Jump on D in the morning but only if it has dropped considerably...  I wouldn't chase oil down at these levels... in fact,  might be tempted to buy HOU for potential rally...  say around $8 but not at $9.

I also feel that if we are trading Mar contract 'D' is the trade as oil wants to be under $40 over next week or two.  Not sure I believe we go to $30 but refuse to bet on it.

HXD & HSD also look very good for day trades.  Take it out at night or a rally will wipe out any gains...

Rallies can come unexpectedly... like if Bernanke gets in front of a mic and say " I have nothing further to add to my comments of a couple of days ago..."  markets could rally big time.  And be careful of Obama standing at a microphone and accidentally farting loudly,   that would cause a serious crash.  Should that happen,  say Nortel 3 X and throw salt over your left shoulder.

I hate these markets but love the volatility when I finally get on the correct side of the trade.


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