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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

BetaPro Natural Gas Leveraged Daily Bull ETF
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Comment by stockabcdeon Jul 11, 2010 1:21pm
367 Views
Post# 17260517

RE: RE: Bought 5 Sept 5.5 calls @ .062

RE: RE: Bought 5 Sept 5.5 calls @ .062I think he meant NYMEX Sept NG....good bet for a month...since Aug NG broke support at 4.50 and next support at 4, everyone is expecting NG to bounce at 4 or recover 4.50 soon.  In any case his risk is only if NG broke $4 support, won't matter to him anyway since the most he'll lose is his option becomes worthless when expires but if Sept NG goes to 5.5 or above, he'll hit some very nice profit.

In any case, I think best time to gamble on NG long is when August recover 4.5 or bounces off 4
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