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"Sorry, I meant calls on DUG."
Sure, thought as much, but sometimes DUG likes to go down even when oil tanks (hmm...like today), so it isn't outside the possibility that frustration might lead someone to do buy Puts on DUG even if they think oil will go down. I don't find DUG good to buy Calls or Puts....it is just too steady/low priced to take advantage of price swings. For example, the market would really need to crash for DUG to be up $5 in on day....whereas just a 3% bad day often sends HES or OXY down $3-$5. No life in the oil market yet, so those Calls still might work out today......still for me it is next week that I hope makes up for a lot of waiting....keeping the hands strong for one more week... Rating :
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35/Male |
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| Subject | Author | Rating | Time of Post (ET) | ||
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Oil down $2.50 - 3%
Unemployment comes out shockingl...
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cubemeister... | Rate it | 6-Nov-09 10:49 am | ||
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DUG obviously isn't a good way to profit from a fa...
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cff40 | Rate it | 6-Nov-09 10:54 am | ||
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"I bought puts and there is like zero action ...
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rudin14 | Rate it | 6-Nov-09 11:02 am | ||
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The only way I can rationalize the stren...
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cubemeister... | (1 Rating) | 6-Nov-09 11:05 am | ||
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Forgot one other reasonable justificatio...
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cubemeister... | Rate it | 6-Nov-09 11:06 am | ||
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Sorry, I meant calls on DUG. I am so mi...
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cff40 | (1 Rating) | 6-Nov-09 11:19 am | ||
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Re: Pffffft
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rudin14 | Not rated | 6-Nov-09 11:41 am | ||
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Short USO?
I think there is an inverse sho...
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cubemeister... | Rate it | 6-Nov-09 11:02 am | ||
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"What does DUG do? It goes up a nickel!"
Oil ...
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rudin14 | Rate it | 6-Nov-09 11:07 am |
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