bought mee call option when it was down 2.00..
another good one i think is MA around 307 area....
also buy oil service stock esp OIH, APA they might go up tomorrow.
dont jump so fast on oil...
june 1st kicks the hurricane season and any news of a hurricane can easily send oil $5 or more...
1 good play might be sell USO buy UNG
natural gas will pass $15 this season...
june and july months r bullish month for oil.... buy UNG because hurricane season is starting and 5 to 6 major forecast could send natural gas higher...
instead of shorting oil y dont u guyz go long on airlines stock...
they r down huge today a 3 to 5 dollar drop in oil could give 10 to 15 % in airline stock...
esp AMR, LCC.
i was thinking of buying puts on USO but its too expensive right now...
and even if oil goes down a $1 ITM puts tend to move only .25 to .30 cents range...