"Contango" there's a word I haven't heard in a whileContango, Backwardation, rollover, future curve..... etc etc etc... All confusing words and concepts to hide the SIMPLE TRUTH.
TSX:HNU Forum Post | CrazyTrader-35380603 | Simple Mathematical Lesson Relating to Leverage ETFs | BETAPRO NAT GAS LEVERAGED DAILY BULL ETF (stockhouse.com) Also, ETF's I don't think ever take possesion, they MUST roll over. So, ETF MUST SELL, and MUST BUY. If you had to, MUST SELL something, what you think the buyer going to buy low or high to you? And the reverse, if you MUST Buy, what you think the seller going to sell low or high from you??
2 Simple Truths/concepts
All just my opinion/view/thinking