CL Redux

10/17/2012 10:30 *DJ DOE: US Crude Oil Stocks +2.86M Bbl In Wk; Seen +1.3M Bbl

10/17/2012 10:30 *DJ DOE: US Crude Oil Stocks +2.86 Mln Bbl At 369.23 Mln Bbl
 
Quote from ogarbitrage:

Z 90 / 95 fence vs. 92.50 trades 3000x on the floor. Traded .11 to the put... nice skew.

Trades again .12.... 4100x total on the day.
what 's the z 90/95 fence..z i assume is dec .. edit.. but the 90/95 i couldn't find a 12 cent spread, so the fence is ? nor the 3k
 
Quote from ammo:

what 's the z 90/95 fence..z i assume is dec .. edit.. but the 90/95 i couldn't find a 12 cent spread, so the fence is ? nor the 3k

Fence aka collar... They bought the put, sold the call, paid .11 and .12
 
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