- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Is now the time to short oil? Buy Inverse oil etf SCO
Posted on 3/2/22 at 6:30 pm to jlu03
Posted on 3/2/22 at 6:30 pm to jlu03
2
Posted on 3/2/22 at 6:48 pm to damnlambert
Oil reached $145/bbl in 2008. That's about $190 in today's money.
This post was edited on 3/2/22 at 7:28 pm
Posted on 3/2/22 at 9:11 pm to Kjnstkmn
If you’re bullish on oil, look into trading futures.
Every 2022 oil futures contract is lower than than the previous one right now, and it’s below $100 starting with the August contract. April 2023 is $84.
Every 2022 oil futures contract is lower than than the previous one right now, and it’s below $100 starting with the August contract. April 2023 is $84.
Posted on 3/2/22 at 10:32 pm to jlu03
I think short US natural gas is a better play with the etf KOLD. Seasonal heating demand is dropping fast and LNG exports are already at capacity. No matter how much higher European demand or prices climb we can't export any more. Right now it's all news-driven not data-driven.
Posted on 3/3/22 at 12:04 am to Wraytex
quote:
When obama drove oil prices sky high, dubya wasn't in any hurry to get them back dow
Posted on 3/3/22 at 7:08 am to jlu03
This post was edited on 3/27/22 at 1:27 pm
Posted on 3/3/22 at 11:40 am to Kjnstkmn
i already sold my bullish positions on oil but no way would I consider a bearish position at this point
Posted on 3/3/22 at 2:07 pm to jlu03
Buy xle calls a week or two out ATM. You're welcome.
Posted on 3/3/22 at 2:31 pm to NC_Tigah
quote:
BofA says if we sanction Russian oil, we'll be looking at $200/bbl
Wtf man. Why can’t we just increase what we buy from Canada or the Saudis? Don’t we only get 3% of our oil from Putin?
Posted on 3/3/22 at 3:22 pm to jlu03
All the etf's based on commodities suck, due to the cost of rolling. For longs at least. Maybe better if you're short.
The ultras also suck. Lose 2.1X or gain 1.9X. Every day.
The ultras also suck. Lose 2.1X or gain 1.9X. Every day.
Posted on 3/3/22 at 7:04 pm to Wraytex
quote:
When obama drove oil prices sky high, dubya wasn't in any hurry to get them back down.
I’m still mad at the Germans for attacking Pearl Harbor.
Posted on 3/3/22 at 7:14 pm to Jag_Warrior
Ha.... my bad, Dubya did let things get out of control....and Obama took it from there.. one would think Dubya's years in midland would have made him more sympathetic to the oil industry. It took Trump to open the faucets.
Posted on 3/4/22 at 9:24 am to jlu03
Just bought 100 @ $6 just for fun
Posted on 3/4/22 at 10:08 am to Hussss
quote:
Is now the time to short oil? Buy Inverse oil etf SCO
Don't do this.
yet
Posted on 3/4/22 at 1:00 pm to Texas Tea 123
How do we buy options with TD Ameritrade?
Posted on 3/4/22 at 3:10 pm to Hussss
quote:
Just bought 100 @ $6 just for fun
Haven’t pulled the trigger just yet. Soon though
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News