CL Redux

BTW was the EIA report bullish or bearish? Or is it just another useless bullshit? I can't tell by looking at the chart. It was all over the place.
 
Quote from schizo:

I just did. :D

We might just chop like yesterday. Am I the only one who's sick of this aimless meandering?
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I'm so tempted to sell a 79/83 strangle but vol is already so low.
 
Ahh I put the strangle on anyway. Trying to get a good fill is half the fun. I sold a april 79 call at 3.18 and sold an april 83 put at 3.62. According to TOS's super cool analyzer if we stay anywhere between 77 and 85 by early april it should make money. I only did 1 contract each if we get some day where vol gets back into the 30's I might add if the chart still looks like a mess. If anyone cares i'll keep updating it.
 
Quote from oeicapital.com:

any thought on the mid trend? It seems like all it needs is to pop 90...then 100 for sure... but it been struggling @80+
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You need only see the trades posted to know what each individual thinks in the short term. :)
 
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