The United States Brent Oil ETF, LP (BNO): Yeah I get that but the contracts they a...

The United States Brent Oil ETF, LP (BNO)

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Jld3294

Re: zsvq1p post# 19

Monday, 01/26/2015 2:39:12 PM

Monday, January 26, 2015 2:39:12 PM

Yeah I get that but the contracts they are in will gain value as oil goes up. There is very small amount of decay. I believe the 52 week high was around $46. If oil goes back to $110 like it was in June then BNO may only go to $40.

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