Horizons Beta Oil Bear

Discussion in 'ETFs' started by Baudot, Feb 13, 2009.

  1. Baudot

    Baudot

    Hi all,

    The following data was recorded within seconds of each other and each one was sometime between 10a and 4 pm.

    HOD=Horizons Beta Oil Bear ETF
    Mar oil taken from www.livecharts.co.uk

    Date..............Mar OIL..........HOD.TO
    12-Feb..........$35.69............$35.35
    13-Feb..........$35.56............$38.19

    I realize there is rollover but I thought it occurred earlier than yesterday/today.

    I'm also aware that HOD may track April contracts by now but the changes in price usually swing with March oil.

    Indivicuals buying HOD could drive the price above norm but this is about $2.50 above a buying spree. It is way too much.

    Since I hold HOD I'm happy with the price but I find the pricing of the units get erratic at the end of the month and I'd like to be able to predict these kinds of shifts and can't at the moment.

    I was wondering if anyone had specific information that could explain this price behaviour.

    Is there a site or a post that would give me some details?

    Thanks,

    Eric
     
  2. You could always call Betapro and ask??
     
  3. Baudot

    Baudot

    Thanks for the reminder.

    Called and got the answering machine yesterday but they answered today.

    It was the roll to April.
    7th Buss day (10-Feb) End of Day 75% March 25% April
    8th BD the 11-Feb EOD 50/50%
    9th BD 12-Feb EOD 0/100%

    The problem with my tracking is that my visibility to up to the minute April data is poor and apparently the March and April numbers are out of sync.

    My bad!

    I'll work on tracking the April number better.

    Thanks for the help.