In crude oil's HOD

Crude oil is now 50% off its peak level, falling to $71 in trading today. Traders who took the short side of oil over the past quarter played their cards right. Traders in the Horizons BetaPro NYMEX Crude Oil Bear Plus Fund (TSX:HOD) took an aggressive stance in Q2 when trading volume in the Bear play accelerated as crude hit new highs above $140. This leveraged instrument gives aggressive investors a chance to score big on crude oil's downward slide. Today's move adds another 13% gain for HOD traders.