CL Redux

Remember the conspiracy theory oil sand are worthless below 80. Once they find a buyer kiss oil good bye. Maybe India is stupid enough didn't they buy a shit load of gold?
 
Quote from riskaddict:

Remember the conspiracy theory oil sand are worthless below 80. Once they find a buyer kiss oil good bye. Maybe India is stupid enough didn't they buy a shit load of gold?
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Maybe those wise men from East will come back and sell a shit load of black gold. That'll even things out.
 
I'm trying to get out of that strangle from the other day but it's a pain in the ass. It's up $500 at this point but I'll let you know what it actually ends up.
 
Jesus I broke a sweat! I exited the 83 put @3.99 and the 79 call at 2.36. (I always get out of the loser first) so I made about $440 with what at the time seemed like a low risk trade. I wanted to hold it for another week but don't you just get the feeling Mr. Vol is going to come back to beat his wife one more time. Plus what would be the point of holding inversely related options (rhetorical question)? I'm just pissed I didn't do it with 4 or 5 contracts :mad:
 
Quote from schizo:

Nobody is panicking just yet, but you wait. I say hell breaks loose if we dive below 79.
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we have closed about 80 since the 2nd. This would indicate a major reversal.
 
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