USO already finished rolling their May position last week. I was referring to the June contract. They will be getting margin calls if it falls...
I thought this chart was funny: https://robintrack.net/symbol/USO
USO does not track the spot price of oil. Unlike GLD, where you are actually buying gold, USO holds futures contracts. It is not the same thing....
Unfortunately this is something that I don't have much familiarity with so I don't want to give you wrong information. One thing you can try is...
I think you want CSSPX. My IB ticker lists the exchange as LSEETF. It is less common to hedge the currency when purchasing stocks outside of your...
[IMG]
Low expense ratio, very liquid, reputable issuer (BlackRock). S&P 500 etfs are pretty straight forward so there isn't much to worry about. If...
https://www.ishares.com/uk/individual/en/products/253743/ishares-sp-500-b-ucits-etf-acc-fund
The performance of USO or any other crude oil ETF vs spot when the market is in contango is shit. Don't listen to what others are telling you,...
CRUD's first day of listing was 2006/09/22 and had a NAV of 40.57 per share. WTI had a spot price of 59.79. On 2020/04/13 CRUD had a NAV of 3.48...
Past performance is irrelevant here. The oil curve has never been priced the way it is now. Also, just because it tracks the index perfectly...
Alright jackass. My whole point is, oil can go to $40 like OP says and he will still make nothing if it does not rise faster than the current...
You will lose money unless spot prices increase by more than 28% between now and when the June contract expires.
Enjoy the contango... MAY 20 19.87 JUN 20 25.53 JLY 20 29.55 AUG 20 31.09 At least you'll be able to lube up with cheap oil before...
BII excludes pandemics.
I mean Sam, the OP. I am talking about SLV. See his post from this morning
Just look at Sam's timestamp for today. It shows a trade time of 09:30:12. My time and sales shows the auction went through at 09:30:00.
I've had delayed confirmations with IB where the trade notification time does not match up with the auction time in the time and sales. Either...
Sam, 2 things. 1 - SLV is a very liquid ETF and had 309,137 shares trade at the opening auction today. You are not going to have an issue with...
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