Post by
CrazyTrader on Jul 30, 2024 8:13pm
There's no TRICK.... It's pure math.
It doesn't matter what numbers you use, what "sequence" you use. Make up your own numbers and do the math. Start off both Nat Gas Price of $2.00 and ETF $2.00 for easy comparision.
Now do your Nat Gas price changes and then go back to $2.00. Now, calculate your ETF share price.
What you will see, no matter how the Nat Gas price changes, when it goes back to $2.00 the ETF will be less than $2.00.
PURE MATH..... don't trust me, do it yourself, make up your own gas price changes and then go back to $2.00 and then do the math on the ETF.