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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 Sparkletoothon Apr 15, 2009 5:45pm
193 Views
Post# 15920944

RE: RE: Don't bother-trades

RE: RE: Don't bother-tradesToday's trades:

HOU in for 2000 @ 6.03, out @ 6.09 Profit $100.10
Too scary for me today, although in the end I would have done OK on all my hunches, just didn't bet on them.

MFC in for 500 @ 18.77 out @ 19.10; in @ 18.89 out @ 19.19 Profit $275.20
I've traded Manulife so many times they should pay me a market maker's fee or at least some points for being a frequent shareholder.

TCM in for 1000 @ 5.92
UEX in for 5000 @ .92
TCK.B in for 1000 @ 10.72
S in for 1000 @ 4.11

The above are a bet on a nice little market for commodity plays; could take a little hit if the market turns nasty.  On the other hand, UEX has been a very good trader in the past and could easily double if this rally lasts another 3 or 4 weeks.  Sherritt seems to be out of the doghouse for the moment.  Teck, well it's really too late for the move on Teck, but it's still trading heavily and might hit $12 soon.  TCM is a moly play and probably just wrong but might be tradeable here, we'll see.

I suspect the above is fairly run-of-the mill for day traders.  If anybody has some $100,000 day trades to post I too would be interested...
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