Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

BetaPro Crude Oil Leveraged Daily Bull ETF T.HOU

Alternate Symbol(s):  HROZF | HZOZF

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

Post by SeNseiBleon Apr 21, 2020 7:06pm
212 Views
Post# 30936615

Pricing Dislocation

Pricing Dislocation Many ETFs trade out of line throughout time compared to NAV. Look at the Greyscale crypto offerings. Sometimes 5x. They actually hold crypto and that is the difference. So it would theoretically not go to 0 unless crypto was worthless. HOU trades paper contracts. When they roll the next contract. Assuming it's possible. There will need to be money in the fund as they don't trade contact for contract. They trade contract to cash. The writing was on the wall yesterday but hard to not be bullish in general. Negative options is absurd. Sell someone something but they pay you? May be a time to go HOD for a few months and hope for 75 share price. Only a fraction of today's loss. Or pump this thing and have new buyers and limited sellers with no new issuance. That mention also tells me this is likely doomed with any daily price decrease.
Bullboard Posts