Took a stab at some OCT 35 puts, hopefully that's enough time. I'm pretty much banking on the mid term trend to stop this short term momentum, but I only bought half of my position just in case.
up slightly but waiting for the EIa #sssssss although I am net short on oil I have a bad feeling crude stocks will decline or build less then expected.. gasoline use higher.. cold weather s*$# this past week or so.. probably a nasty draw on heating oil too
i have it from a pretty good source that oil may see some triple digits soon, so be careful here,btw i have no postion
thanks for the info, seems to be a major rift in the direction here some calling for a big drop back to 60-65 possibly lower and others saying 80-100...