Not true, no single ETF had May20 exposure. I think it was mostly caused by retail bottom fishers that got scared and needed to get out...
Yeah but you didn't specify domicile (or should it be assumed that no US citizen has an EUR bank account?)
IV chart (USO): https://www.tradingview.com/x/lGsaYUBQ/
IB Lite offers per-trade commission...
Yeah, but the actual question is if it did trade after the -$37.63 settlement. Coincidentally I just read this: Oil futures have remained...
I also don't understand. It was widely discussed that the negative day was the last trading day, but the next day it still seemed to be trading...
But the whole discussion is about ICE futures that are financially settled. Maybe it has something to do with footnote 1 (i.e. what you show not...
Wasn't it settled (so no trade)?
No in the sense that US interest is not 0.05% i guess (didnt look it up). Isnt it something like 1% after the few notches down?
Yes, of course.
No
Because the whole world already did this before you? And they did not do very well... Although I agree it's a much better idea than buying oil...
Open interest is irrelevant.
But the futures say the spot will increase 28%. If you know better (like you seem to do) you should short them and you'll making tons of money!!
That's not making any loss. Your insinuation only happens if jun goes to $20, etc.
The point of ducatista is that "contango decay" is only happening if the contango persists (which is not implied by the contango of today).
How do you do 143's? I thought as a combo they're not possible (as leg ratio cannot exceed 1:3)...
its very simple if you did 1 click extra.... the $110 is $10 commission + $100 "clearing fee" ($0.10 per option)
Why? Because of PRIIPS?
It is one of the most liquid symbol / options....
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