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OIL

Posted on 5/24/17 at 2:47 pm
Posted by Mossive
Member since Nov 2016
358 posts
Posted on 5/24/17 at 2:47 pm
anyone else HEAVY into $USO calls?
Posted by VinegarStrokes
Georgia
Member since Oct 2015
13303 posts
Posted on 5/24/17 at 2:49 pm to
nope. everyone is too busy buying ethereum which, from what I'm hearing, is what the 6th and final infinity stone will be comprised of.
Posted by Mossive
Member since Nov 2016
358 posts
Posted on 5/24/17 at 2:52 pm to
missed that boat i guess
Posted by HailToTheChiz
Back in Auburn
Member since Aug 2010
48990 posts
Posted on 5/24/17 at 3:02 pm to
quote:

everyone is too busy buying ethereum which, from what I'm hearing, is what the 6th and final infinity stone will be comprised of.



Is it bad that I don't understand this post?
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 5/24/17 at 4:02 pm to
I trade USO options, but am not currently active. I'm not sure I'm presently bullish on oil. What months, strike prices, and what's your thought process about being long oil currently?
Posted by LSUKTR
Baton Rouge
Member since Nov 2005
1489 posts
Posted on 5/24/17 at 8:39 pm to
I think it will bounce around in the $40-$60 range. Not doing much at $52, I'll make some moves on the ends of the range.
Posted by b-rab2
N. Louisiana
Member since Dec 2005
12577 posts
Posted on 5/25/17 at 6:28 am to
sold mine this week after a very small gain.
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 5/25/17 at 7:29 am to
Sold some last week myself, holding off for now. Maybe get back in if we go below $45.
Posted by Mossive
Member since Nov 2016
358 posts
Posted on 5/25/17 at 7:52 am to
well shite.

Looks like those oil barons don't understand supply and demand, annoying.

historically (average of the last 25 years) oil's gone up from Jan to July
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