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Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
USO completed the rollover of oil contracts on April 13 (April 7, 8, 9, 13). This is what happened with USO and UCO during these days, and just before an after.
This is what happened last month:
It's too early to make any conclusions, but there clearly is a lot of action occurring those days.
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