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Latest | Highest ratedOil ETFs and ETNs: More Complicated Than You Think [View article]
Another thing... I am into OIL right now.
Like you said it tracked right with USO until about a month ago. There seems to be ~4% delta there... Not sure how that works...
Any info on that would be great. Thanks.
Oil ETFs and ETNs: More Complicated Than You Think [View article]
Okay, I feel taken a bit here. My fault I guess.
What are my options if all I want to do is buy a stock/ETF/anything that purely tracks the price of a barrel of oil.
I am a bit upset that my money does not ride strictly on the barrel of crude oil price rising, but instead on how well it is predicted by the futures market. So, in this case, it looks like I hope they are ultra conservative, because if they are too aggressive or spot on, I make nothing, regardless of my play on increasing prices...
Is there anything out there that can just play off the price of a barrel of oil without this? Am I dreaming?