I was thinking of shorting USO or buying some puts. I want to make a 6 month bet that crude will be lower. I don't want the volatility of shorting CL futures. - anyone doing this now? - from what I read, the ETF should closely track the front month futures, but I see CL Dec is currently at 95.13 and the USO is trading at 73.85. Why the wide gap? - any better proxy for crude oil?