Шортисты делают крупные ставки на резкое падение нефти, большинство из них терпят серьезные убытки

Odaily Planet Daily News: A group of crude oil traders launched a major short position, betting that oil prices would fall from war-driven highs, but currently most traders have suffered heavy losses. Data shows that in March, ETF investors put $977 million into the ProShares UltraShort Bloomberg Crude Oil ETF (SCO), setting a record for the largest single-month net inflow since the fund’s launch in 2008. SCO provides double the inverse return of crude oil price movements on a daily basis. Despite the record inflow, SCO’s total assets are still only $970 million, below the total amount of inflows for the entire month.

Asym 500 founder Rocky Fishman said: “This is a bet that ‘the war will end soon.’” After President Trump again hinted that the Iran war might be brought to an end, the fund rose 8%, but in March it still fell 41%, marking the worst performance in nearly six years. However, the shorts’ bets are only half the picture—long funds also set records. The United States Oil Fund (USO) attracted about $700 million in March, the largest monthly inflow since the pandemic, while the United States Brent Crude Oil Fund (BNO) pulled in $600 million, also the highest in history. The market is highly split, with leveraged funds hedging on both sides’ bets. (Jinzi)