Options on Crude

let me get this straight, you bought July Puts at a strike of 119?

LOL...dude you need to study the Oil Market before you start you new OIL TRADING venture.


There isn't a shot in the dark that Oil will be trading at 119 in July, two months away.

We are going into Hurrican Season, Geo-political fires are still burning, Demand has not drop'd, regardless of the bullshit US consumers cutting back on on "Driving".

Oil is in a bull market......IN commods, trend is your friend until prov'n other wise...

Trading Oil futures, Options in Oil is nothing like trading stocks or US futures.

:eek:
 
Quote from EMRGLOBAL:

let me get this straight, you bought July Puts at a strike of 119?

LOL...dude you need to study the Oil Market before you start you new OIL TRADING venture.


There isn't a shot in the dark that Oil will be trading at 119 in July, two months away.

We are going into Hurrican Season, Geo-political fires are still burning, Demand has not drop'd, regardless of the bullshit US consumers cutting back on on "Driving".

Oil is in a bull market......IN commods, trend is your friend until prov'n other wise...

Trading Oil futures, Options in Oil is nothing like trading stocks or US futures.

:eek:
More...


even worse ...july's expire in june! so at least you are correct as far as how different cl options can be. you guys are funny.
 
Quote from EMRGLOBAL:

let me get this straight, you bought July Puts at a strike of 119?

LOL...dude you need to study the Oil Market before you start you new OIL TRADING venture.


There isn't a shot in the dark that Oil will be trading at 119 in July, two months away.

We are going into Hurrican Season, Geo-political fires are still burning, Demand has not drop'd, regardless of the bullshit US consumers cutting back on on "Driving".

Oil is in a bull market......IN commods, trend is your friend until prov'n other wise...

Trading Oil futures, Options in Oil is nothing like trading stocks or US futures.

:eek:
More...

Did you read the post, or did you make an ass out of yourself and assume?

Where does it say in my post that I bought the puts???
 
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