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BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Alternate Symbol(s):  HNUZF

HNUs 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 Percentage the daily performance of the Horizons Natural Gas Rolling Futures Index the Underlying Index, Bloomberg ticker CMDYNGER. HNU is denominated in Canadian dollars. Any US dollar gains or losses as a result of HNUs investment are hedged back to the Canadian dollar to the best of its ability. The Fund To be successful in meeting its investment objective during the period, HNUs net asset value should have gained up to two times as much on a given day, on a percentage basis, as its Underlying Index rose on that given day. Conversely, HNUs net asset value should have lost up to two times as much on a given day, on a percentage basis, as its Underlying Index declined on that given day.


TSX:HNU - Post by User

Post by robbie25on Dec 16, 2009 10:43am
516 Views
Post# 16592316

Been away from HNU/D for a while

Been away from HNU/D for a whileI see that HNU/D now are optionable.....excellent...nothing like adding a little leverage to an already 200% leveraged ETF.....lol with all that leverage a little cash can make a lot of money if you make the right call.....

I'm still on the sidelines for now.....IMO NG is at equilibrium right now, if anythig possibly a little overvalued.......not high enough to short yet....I'm hoping for a cold snap to bring it to $6, maybe $6.15 or so.......then buy a ton of puts and make some serious dough....

I've pointed it out before, but it's worth mentioning.......Jan has expired lower then Nov every year for the last six years.....now is it going to happen again this year? Who knows? But considering Nov closed at around $4.25 (I believe) if Jan expires even CLOSE to Nov, then if you can get NG at $6 or so sometime soon, that could mean serious profits....

especially if you're ballsy enough to use options.
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