WisdomTree WTI Crude Oil 2x Daily Leveraged (LOIL)

Milan


Symbol	Exchange	Currency
LOIL	London	USD	Real-time
WIOIL2	London	GBP	Real-time
LOIL	Milan	EUR	Real-time
4RT6	Xetra	EUR	Delayed
LOIL	Paris	EUR	Real-time

Currency in EUR

Disclaimer

13.0040

-0.3060(-2.30%)

Closed11:35:15

Day's Range

13.0000

13.3540

52 wk Range

8.1500

16.3940

LOIL Comments

Get all the relevant comments and discussions regarding the LOIL ETF. Please note that all comments included here have met Investing.com's Comment Guidelines.

nice jump today!

on the 3rd September WTI announced the restarting of the LOIL creations. they have been stop in April 2020. look at their announcements

Up up !!

any expectations for next few days price

Do you see this going to 40 USD again? as this is where it was pre covid level I know it tracks the Bloomberg index but I'm not quite sure how that is priced?

I don't think do. Based on compounded interest with 2 percent increase, when wti is increasing 1 percent, it will be nowhere near that number

The Bloomberg index was 250ish USD before COVID 19 now it's at 70USD so I can see it does not correlate with oil price completely. Anyone know how that subindex is calculated or priced it would be really helpful :)

Someone was waiting for the target of 3, where is he to cheers? 😀

What is the maximum price thks ETF could go if oil reached 60$ guys ?

Could be well over 5

Thanks for your answers guys. If I understand well, the more volatility oil has (up-down-up-down etc), the less high the ETF will reach, right ?

Yes correct

typical buy the rumours and sell news situation today. everyone was expecting that OPEC+ deal is done thing but ...

indeed, let´see..Russia is unpredictable

small OPEC members must provide evidence of compliance before tomorrows meeting

if small OPEC members do not comply Russia will not agree to carry on with existing cuts

Some bad rumours about OPEC+ meeting

I’m still holding... i think it will drop a bit just before the OPEC meeting waiting for its outcome ( opportunity to buy more or to renter), and then moves again to up... i guess wti will touch 40$ next week after the meeting...

well it dropped not just a bit but a quite a lot

BIl did you reentered?

No, not yet... watching if it drops more and then renter...

I see 10 % drop off at least. Why everybody bullish on this etf. The Opec meeting didn’t even take place

Which are your recommendations? Bull or sell?

I have reentered at 2,86

For now until the meeting on Thursday It gonna be bullish. So I see euphoria on it. I will wait for the pullback to get a new position.

Will the momentum continue in June?

What are the underlying WTI contracts of this index?

it follows the Bloomberg wti total return index, that, in turn, holds sept future contracts until the next rollover

you know where can i see it?

you can check the operational notices here https://www.wisdomtree.eu/es-es/strategies/oil-and-energy-etps

🚀

Do you know why loil has premium over 4rt6 quoted on xetra? Shouldn't price be the same??

I think prices are the same. Loil is quoted on Milan Stock Exchange in Eur and on London Stock exchange in USD. Milan and Xetra prices are the same.

everyone quite here

We let the baby (LOIL) grow in peace 😀

Hello friends does someone know why this wisdomtree was so low before 2016 (around 0,8€) although Wti price far higher ?

I am not sure, if you check in dolars there wasnt this changes

thanks you are right it's only for Milano

would it recover to 10-15€ or that's too unrealistic?

is it good time to buy now

This ETF is doing pretty good lately. What is your strategy with this product? At what price do you intend to sell it? I bought it a 1.40eur and hope it'll overcome 3 in the next days...

I bought at 1.8, and I will keep it until it drops 0,2 from current point... don't cut the gains, just move the stop loss... imagine it goes to 5

I bought in 4$ 😔

Today NAV is 2.38 so would there be a Creation allowed today price would drop to 2.38

Hi. I would like to know if you believe that the fair price, in caso of reopening of new creations, will be the NAV of the current day or could possibly be less than that, perhaps the NAV when the creations were halted.

I post what I found on the issuer webstie: "The existence of a premium in the ETP’s price will not play a role in the Issuer’s decision to reinstate creations, and so buyers of the ETP who buy it after creations have been halted should take that under consideration, since the premium is likely to disappear and prices of the ETP may fall back to fair value when the Issuer reinstates creations."

It does not say to which NAV price the ETC price would fall back in case of reopening of new creations. It just says that it could drop to the fair value. How can we be sure that the fair value is the NAV of the day?

Once Wisdom allows Creation again price will correct to NAV.

is todays downside in anticipation of tomorrows oil inventories?

Ok, thanks Trumir!

this is what Wisdom answered: *WisdomTree is not restricting transactions in the secondary market. However, due to the halting in creations in LOIL and CRUD, this may constrain the ability to purchase these ETPs. Please refer to the FAQ. https://www.wisdomtree.eu/en-gb/-/media/eu-media-files/other-documents/faq/wisdomtree_faq_what-does-halting-mean-for-investors.pdf

Thanks! Now it’s clear...

...

Markets

US 30

38,123.30

+37.5

+0.10%

US 500

5,087.90

+39.5

+0.78%

Dow Jones

38,085.80

-375.12

-0.98%

S&P 500

5,048.42

-23.21

-0.46%

Nasdaq

15,611.76

-100.99

-0.64%

S&P 500 VIX

15.37

-0.60

-3.76%

Dollar Index

105.47

+0.035

+0.03%

Market Movers

Name	Last	Chg. %	Vol.
TSLA	170.18	+4.97%	123.18M
META	441.38	-10.56%	81.83M
AAPL	169.89	+0.51%	47.93M
AMZN	173.67	-1.65%	43.43M
NVDA	826.32	+3.71%	40.15M
MSFT	399.04	-2.45%	34.49M
BRKa	611,740	-0.27%	12.48K

Name	Last	Chg. %	Vol.
NEM	43.41	+12.46%	36.00M
TYL	458.45	+9.42%	501.35K
CARR	59.81	+9.20%	9.94M
TER	108.91	+8.15%	7.83M
CMG	3,116.02	+6.47%	641.35K
URI	690.92	+5.45%	1.02M
ZBRA	292.53	+5.40%	658.63K

Name	Last	Chg. %	Vol.
META	441.38	-10.56%	81.83M
TXT	84.92	-9.67%	5.13M
BMY	44.68	-8.56%	44.90M
IBM	169.30	-8.04%	16.60M
LUV	27.25	-6.98%	36.89M
CAT	338.24	-6.95%	6.37M
CMCSA	37.87	-5.82%	36.78M

Install Our App

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

Popular Searches

Please try another search

WisdomTree WTI Crude Oil 2x Daily Leveraged (LOIL)

LOIL Comments