Monday, July 6, 2015

Crude update

Well, from last post:

Options spreads went berserk today. Mentioned on chat about $1.62 on CL spreads,  USO spreads open $.57.

Peeling off some profits, CL options at $1.62 = $790 per contract, USO at $23 per contract.

As of time of this writing, CL option spread went $2.25 bid, would peel off 1 more $1420 profit; USO @ $.69

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