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Not Peak Oil, But Thug Oil
Posted on Sunday Oct 07, 2007 03:25PM | Link | Post Comment
Oil has shown a lot of strength this year. The oil bulls were right, though a bit of luck was involved. The dollar sank, and the oil thug states produced even less oil than expected. So you have $80 oil. A year ago, I guessed $60 or less.
Still, th...
Short Oil, Then Go Long
Posted on Sunday Aug 26, 2007 07:28PM | Link | Post Comment
We have been making money lately, selling call options at $90, when the market rises past $75. Our thinking is that oil probably won’t make $80, and then only in spikes. At more than $60 a barrel, demand is soft, probably flat.
Things have to g...
Oil Bombs; We Make Money!
Posted on Friday Aug 10, 2007 09:43PM | Link | Post Comment
Once again, we were right!
Crude oil tanked hard since we recommended selling call options, back August 3. Roughly speaking, those who followed my advice, and sold November call options at $90, pocketed $560 for every option. Those options are se...
Sell Nymex Oil @ $90
Posted on Friday Aug 03, 2007 06:11PM | Link | Post Comment
It looks like a great time to sell November call options on the NYMEX, at strike price of $90. Anytime oil is over $70 a barrel is a decent time to consider selling call options. When it closes at more than $75, look to sell call options at $90 or a...
Why This May Be The Best Week In A Year To Sell Crude Oil Calls
Posted on Friday Jul 13, 2007 10:16AM | Link | Post Comment
For those of your with cast-iron stomachs, this may be the best week in a year to sell crude oil call options on the NYMEX. The Paris-based International Energy Agency (IEA) again made a splash recently with its annual medium-term forecast, which pro...
- Not Peak Oil, But Thug Oil
- Short Oil, Then Go Long
- Oil Bombs; We Make Money!
- Sell Nymex Oil @ $90
- Why This May Be The Best Week In A Year To Sell Crude Oil Calls
Examples
Underground Trading - Sat May 10, 2008 04:02PM
This is an update on my speculative long term position p [read more]
This is an update on my speculative long term position p [read more]
Morpheus Trading - Mon May 12, 2008 04:25AM
NOTE: Please click on the charts below to enlarge them if [read more]
NOTE: Please click on the charts below to enlarge them if [read more]
Millionaire Now! by Larry Nusbaum - Mon May 12, 2008 04:54AM
MORNING MARKET COMMENTARYfor Monday, May 12, 2008Weak Financ [read more]
MORNING MARKET COMMENTARYfor Monday, May 12, 2008Weak Financ [read more]