I've been in a couple of these challenges in the past on the GC side, never followed thought with it. But this one is particularly painful, because FOP always intrigued me and they are offering it.
And today in CL is a perfect example of, how can I make money with it? CL has been waffling for a while. I felt that on the previous ranging over the past 6 months CL would go down from it's 58-ish level. Range has basically been 52 to 58 on average since the Spring.
But who the HELL saw that it would drop 5% today? Day after thanksgiving, the CL drops 2.5 points? WTF!
How can an option help on this? Mreh, I still have to go through that options primer for the challenge to qualify for this one. Maybe I'll learn something.