作者z22744388 (熊熊)
看板Stock
標題[新聞] 油油USO 准增10億新單位 (非買賣建議)
時間Sun Jun 14 11:19:01 2020
1.原文連結:
https://reurl.cc/lV2Za6
2.原文內容:
United States Oil Fund Receives Green Light to Issue New Shares
By Reuters June 12, 2020
USO's registration of 1 billion new shares has been declared effective by the
Securities and Exchange Commission, the fund said, and hence it can once again
allow authorized purchasers, or market makers for exchange-traded products, t
o issue new USO shares.
USO shares were little changed on Friday at $26.35.
On April 21, the fund stated that it had issued all of its registered shares a
nd was thus suspending the creation of new shares. As a result of the suspensi
on, there was a significant discrepancy between the fund's trading price and t
he performance of the oil futures it held.
Following a sharp plunge in oil, in which expiring May U.S. crude contracts tr
aded at negative prices, USO took in heavy inflows from investors betting on a
rebound.
Oil prices have in fact risen substantially since then. Even with losses this
week, U.S. crude was trading near $36 a barrel on Friday, about $10 higher tha
n a month ago.
Even so, because later-dated oil futures are currently trading at higher price
s than nearer-dated futures - a phenomenon called contango - USO's structure r
equires it to sell cheaper futures to buy more expensive ones as nearer-dated
contracts expire. As a result, investors who hold USO could wind up with losse
s.
3.心得/評論:
雖然不是"很新的新聞" 但還是分享一下
USO被停至少8週不得新增單位期間,被唯一期貨商RBC暫停買期貨合約,USO (不得不找合
作商) 5/28新增合作期貨經紀商-Marex Spectron
現在這時候又准它再增新單位(賭盤再開)
不過持有合約還是繼續跨月,目前最多還是12月的
還是分享一下Fed Observer的評論
對最後他的疑問也是心有戚戚…
https://youtu.be/lF_qjCeGkqY
什麼都包進ETP,你看似"公開交易流動性很好",retail就通通可以交易,結果背後他掛
鉤的是別的商品市場,流動性又是另一回事,但是個人造業個人擔 。面向大眾的公募基
金不開放商品(黃金.能源.地產),只能投公司股票,但包成ETP就可以了。
再核准新賭盤,不代表買了一定又貼近真實油價,還是要勸世一下,不要買了忘記
想個矛盾心裡,擺長無法避免多數時期的contango,即使有時會補血,但哪個心裡不是希
望長期看好未來油價上漲,那為什麼要期待靠時間然後遇到補血情況。
下面來源是bloomberg文章,截圖來源:
https://reurl.cc/8GR587
主要重點在,當WTI今年來下跌40%時,USO價值蒸發70%…。
https://i.imgur.com/y3mJz1U.jpg
影片也有 比較 XOM vs USO 走勢,當作勸世,其實板上之前也有很多人作這樣的衡量,
因為還是看到身邊很多人跳入這檔商品的情況,還是提供一下資訊參考。
https://i.imgur.com/CAPWfRd.jpg
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※ 編輯: z22744388 (39.10.168.145 臺灣), 06/14/2020 11:19:41
※ 編輯: z22744388 (39.10.168.145 臺灣), 06/14/2020 11:20:21
※ 編輯: z22744388 (39.10.168.145 臺灣), 06/14/2020 11:21:12
推 zaqimon : 下次想抄底原油直接買遠月期貨擺著就好 06/14 11:36
推 yjjia : 其實我在想很多油期都買在12月,萬一年底疫情再爆發 06/14 11:40
→ yjjia : 那一堆油期會不會迎來第二次負價格? 06/14 11:41
→ zaqimon : 那就提早轉倉到明年12月 繼續擺著 06/14 11:41
推 we147121 : 買USL就好,不要想太多,這個禮拜油崩影響較少 06/14 12:05
推 Merkle : 原油一直轉超遠期 被正價差吃豆腐就吃到飽 06/14 12:20
推 LANGUNG : 現在正價差又不高 06/14 12:33
推 AGODC : 簡單說,沒抄在最低都是死 06/14 12:51
→ AGODC : 提早轉倉也沒用,這種管理型基金都是要扣很重的管理 06/14 12:53
→ AGODC : 費,光油價持平到12月你就直接先扣1~20%管理費了 06/14 12:53
→ dsfaghjkl : 樓上好厲害,可以算出1-20%管理費... 06/14 13:08
推 bboy1117 : 可能會被收0-100%管理費 06/14 15:51
→ z22744388 : 抄最低 怎麼知道會不會突然再來個反分割 06/14 17:16