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    • Thu Apr 10th 00:24 AM
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      Commented on:
      Inverse Oil ETF Plunges 26%: What Gives?
      There is still a good arbitrage opportunity available. Short DCR, Long UCR and hedge by shorting an equivalent amount of USO or OIL. Don't forget calls for oil at 120 so you don't lose your shirt when it goes above 120!
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    • Thu Apr 10th 00:23 AM
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      Inverse Oil ETF Plunges 26%: What Gives?
      It is the same for UCR. If one exists then so does the other.

      Once the termination is hit the two will keep trading until June 25th. The settle for front month, july by then, will be the final NAV price. Based on that price each DCR shareholder will get (120-Price of Oil)/3 and UCR will get (Price of Oil)/3. If Oil is above 120 then each UCR gets 40 and each DCR gets nothing. The UCR prospectus has the same termination clause that the DCR has as well
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    • Wed Apr 9th 23:50 PM
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      Inverse Oil ETF Plunges 26%: What Gives?
      Oil has to stay below 9 not 90 for 3 days. Check your sig figs
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    • Tue Mar 18th 16:42 PM
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      Check Out MacroShares Oil Tradeable Shares
      The ex-date is the 26th of March. Which means that in order to get the distribution on 4/4 we need the first trigger day to be before March 24th.
      Also we're in May futures now so oil has to rise 2.50 before monday and stay there for three days. I have the trade on so I'm betting yes too!
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