Talk of The Villages Florida - View Single Post - Oil Prices Surge...Media Yawns
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Old 06-11-2009, 08:54 PM
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Default I Don't Know About The Puts

Quote:
Originally Posted by Russ_Boston View Post
...My play if I were to dabble in commodities trading would be to leverage some $50 November puts.
But if you could get some reasonably priced November 50 calls, I think you'd be shopping for one of those Premier homes TV is trying to sell by Christmas.

Of course, if you told us about making all that money on oil puts and calls, we could all castigate you heartily for being part of the evil cabal of speculators that are driving the price of oil towards the sky.

My suggestion: don't worry about the criticism--take the money!