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Message Boards Settings UltraShort Oil & Gas ProShares (DUG) - Quote Info
Re: Pffffft      6-Nov-09 11:41 am    
"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...
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rudin14

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  Subject Author Rating Time of Post (ET)  
 
Oil down $2.50 - 3% Unemployment comes out shockingl...
cubemeister... Rate it 6-Nov-09 10:49 am  
 
DUG obviously isn't a good way to profit from a fa...
cff40 Rate it 6-Nov-09 10:54 am  
 
"I bought puts and there is like zero action ...
rudin14 Rate it 6-Nov-09 11:02 am  
 
The only way I can rationalize the stren...
cubemeister... (1 Rating) 6-Nov-09 11:05 am  
 
Forgot one other reasonable justificatio...
cubemeister... Rate it 6-Nov-09 11:06 am  
 
Sorry, I meant calls on DUG. I am so mi...
cff40 (1 Rating) 6-Nov-09 11:19 am  
 
Re: Pffffft
rudin14 Not rated 6-Nov-09 11:41 am  
 
Short USO? I think there is an inverse sho...
cubemeister... Rate it 6-Nov-09 11:02 am  
 
"What does DUG do? It goes up a nickel!" Oil ...
rudin14 Rate it 6-Nov-09 11:07 am  
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UltraShort Oil & Gas ProShares (DUG)

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