Option Dragon

Goldman's $200 Oil Call and the Hurricane Premium Theory

Thanks Ace really appreciate it....the pullbacks are fast and they do not last long. DVN , EOG, APA, OIH(RIG), UPL, SU, ECA, RRC. There is a host of them. I like to watch for great setups with confirming volume for trades and investment. For trading I rotate between all of them and for investment I try to buy the pullbacks and cost avg in. Another strategy might be to buy calender spreads on the USO through October or buying the XLE. please consult your financial advisor too!

Goldman's $200 Oil Call and the Hurricane Premium Theory

ames, yes short term pullback or consolidation before another push at the first sight of a major hurricane seems like the logical pattern. But who knows.

Goldman's $200 Oil Call and the Hurricane Premium Theory

User, yes fed cuts did help push the dollar lower and cause more inflation but it seems to me fear was the real driver during that timeframe. Fear of a hurricane in the Gulf. If you remember oil production was stopped in the Gulf a couple times during last season due to a Gulf hurricane and that was enough to keep prices afloat for awhile.

Goldman's $200 Oil Call and the Hurricane Premium Theory

Thanks Roger and your ideas are great. LEAPS would be a great idea. I will suggest your site.

Goldman's $200 Oil Call and the Hurricane Premium Theory

please read my other article about the link between the Vix and the S&P and when the optimal time to buy the vix is

Goldman's $200 Oil Call and the Hurricane Premium Theory

Yes i watched this movie called "An Inconvenient Truth" and there are "couple" scientists that say greenhouse gases cause a warmer atmosphere from fossil fuel use. Just saying that its kinda linked i think LOL