CL Redux

Quote from Zr1Trader:

I've had instances where I've had CL + QM up and the tail on QM would go a bit further than CL . Probably because it's a thinner market. Bigger differences between the two are more rare but possible .


It's kind of funny I think it was you a couple weeks ago talking about the spreads and liquidity issues with the QM. Oh well lesson learned. I could have just as easily set a buy stop for an ITM call on the CL but to try to gauge where the price of the underlying will be when the option order gets triggered is kind of tricky. For instance I had some ES APR 1360 puts I was trying to get rid of at 18 and I got lucky as poop I feel like on that fill because I thought the ES would have had to go down to 1380 for that order to get triggered.

My dad totaled a ZR1 one time when he was wasted he drove into some marsh. It was hysterical and sad at the same time. When he lost his license (this was his 2nd DWI, his 1st happened because some guy at the liquor store called the cops and told them he was driving) he started taking the bus to work and he learned some Spanish. Even after he got his license back he continued to take the bus to work. I'm not sure if that is what you mean by "Zr1"trader but there is a story for you non the less :)
 
03/15/2012 11:32 *DJ Oil Futures Drop On Report UK Expects US To Release Oil Reserves


Wow V, super dude
rasta10.gif
 
Quote from Tsing Tao:

...Did they agree to tap the reserve or something?

Edit: Yes, that's exactly what they did.
Prices not high enough for you? Counting on an economic implosion, perhaps?
 
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