BetaPro Natural Gas Leveraged Daily Bull ETF T.HNU

Nat Gas up 9% but not HNU??

[Barrhavenite]

Should HNU be up 18% today??? It is not and got me confused here. What am I missing?? The bear is not down 18% either???

[BobbyBoy]

Watchya  talkin bout Willis? nat gas up 2-3% today!!

[Barrhavenite]

Thanks BobbyBoy and further clarify if you like. I also have some clarification from Horizons. The 9% rise today is the spot price but the June futures is only up 2-3% which is what HNU bases the prices of the units at. Do I got that somewhat right BobbyBoy and do you feel the price of nat gas will rise?? I ask cause it seems pretty cheap right now. Thanks.   

[BobbyBoy]

$3 this summer, but some downside risk. Need a hot  summer in North America.

[CrazyTrader]

This is why even some NON-Leveraged ETFs still lose.   Just chart UNG   ARCA:UNG | Stock Price Today, Quote & News | United States Natural Gas Fund (stockhouse.com) 10 year chart....   ~$100 down to $7.01. You think these ETF follow the price of their respective commodity, but they don't.     All just my opinion/view/thinking/noticing

[TheeRook]

UNG Rolls contracts each month. Selling low and buying high. If NG flat ,  UNG loses each roll. NATURAL GAS (NYMEX:NG) NG.K23 May 2023   2.239 2.274 2.101 2.117 -0.119   -5.62% NG.M23 Jun 2023 2.358 2.529 2.285 2.410 +0.045 +1.88% NG.N23 Jul 2023 2.538 2.700 2.484 2.578 +0.033 +1.28% From May to Jun ~$0.12 UNG 12-May-2023