Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious OutperformanceFind Stocks Now

United States Oil Fund, LP (USO)

NYSE
Currency in USD
Disclaimer
79.62
-0.36(-0.45%)
Closed
Pre Market
79.76+0.14(+0.18%)

USO Comments

top is in
can uso go back to $ 100?
Because she doesn’t know anything
No because of technical factors related to contracts. WTI would need to go to an inconceivable price. USO could go to $40 maybe, if they roll their contracts well. They can't capture the full price swing no matter what they do. It's better to use options on USO or use it for a few days / intraday, like an inverse ETF.
USO is a basket of derivatives, so it is essentially an index traded synthetic derivative of a derivative, without the inherent advantages of a derivative.
uso 30 by 2mrw....
At least
long or short ?
sold today. made about 200k.hi shorts. thanks for your money
nope. But i know the demand is still weak as no one is travelling. Just the supply side reduction expection causing all this to rise. Which i think will change as oil price rebound to 40
I will sell everything this week at $30 this etf is a waste of time. Is no correlation what so ever with the oil market.
yep. Not gonna make the last penny for me haha. I used the money to buy some GOLD around 22 last friday.
where are all the experts who kept on telling us to go short? you come on here acting as an authority, and run like cowards when it goes the wrong way. No accountability? oh....you must be busy betting against America and marching in the riots.
Nobody in sight
How much would it be in August you think
Still huge short ratio on this one, short 1-3 months future and long USO same portion
really confused... bought uso calls 4 and 5 to jan2022 at april the price of the call was slightly above 1. now its called uso1 but the call didnt go up even the uso price increasing... where the similar uso call for the same date actually increase.... any thoughts?
what better stock to choose to take advantage of crude oil going back up
target price 0.01$
Sell then lol
can USO touch 40 again?.. save me God
up to 4 /6 months will touch 67
I think it will hit 40 before august, but also believe things will dip shortly after.
to be honest, it will never hit 40 again because of the monthly cost of switch to next month crude oil future
can USO touch 40 again?.. save me God
close to 28 tonight
Wait?! USO unable to buy crude oil anymore?
Guys, is this better to trade than WTI futures?
No, uso only serve for short term unleverage transactions, better to traid wti futures with the correct leverage for your wallet
Contango affects seriously the valuation of uso
Contango can go on both diirecttions Pedro
Under Soon
under 40USD yes, probably.
uptrend open again
Why Would you recomend selling Hart Boen?
so he can buy low
😂😂😂😂😂🤣🤣🤣🤣🤣🤣🤣🤣
Next week it will try 29
There was a guy who made some deep technica analysis and said this would go to 4.5 FAST this week. Where’s that guy?
Mutlu abi, when it will go back to 100’s?
it may take a long while to be frank - or an unexpected event (e.g. war). This ETF still has issues to manage, and my observation is they’re capable people and handled things well so far. Let’s be patient for a few months and see where we are.
Hi What it means red & green columns under diagram?
Thanks! And what it means the color of column?
 trend, red - mainly selling, green - mainly buying
just run away with your money .. keep them in the bank safer than stock market
At which price it will open?
So how does this ETF work now?
 So , should I take your advice? After all, It's written in this forum
They buy oil futures. It loses money everytime it has to roll contracts into the future. It got destroyed last month. This ETF loses money value over time.
well that is no good.
The fact that the price today is a bit less than last week doesn't mean anything because the volume is half of average.The holders don’t want to sell because they trust USO for the long-term but the ones who sell are panicked. In a day or two, the bullish will return
why up so late??
...
...
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.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.