Discussion in 'ETFs' started by Done 777, Jan 27, 2009.
Which ETFs should I use to make spreading between WTI and Brent. Of course I need short-selling.
Could you explane me, how many money do I need to buy 1 etf of "oil" symbol? Current price ($19) or current price x some value (like in futures).
Well Do777, that depends,USO for he Texas tea;
brent, looked it up on GOOG, but its taken longer than i thought,
so your answer is there.
Not sure if there is a USA etf-etn for Brent[London has some ];
but if not, probably will be shortly................................................
OILB is traded on LSE
Price is 33.17, OIL symbol price on NYSE is 19, question is how many OILB and OIL to buy for perfect hedge?
?.....zero and zero! Then you'll be "perfectly hedged" forever.
I am interested in hedging also. How can you make money doing this?
Separate names with a comma.