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  • An ETF Options Strategy To Carry Forward Low Gas Prices [View article]
    If one looks at the run-up from 1/1/07 to the peak in July 2008 the increase in oil and the USO was 145% and 128%. Oil is now 31% of its peak as is the USO. Any tracking error does not appear to be significant.
    Dec 15 22:08 pm |Rating: 0 0 |Link to Comment
  • An ETF Options Strategy To Carry Forward Low Gas Prices [View article]
    Why not just go long the USO and lock in $1.60 gasoline. If oil goes lower buy some more. If oil goes higher you have hedged your future energy needs. $45 oil is like 4.5% fixed rate mortgages in 2003 - back the truck up.
    Dec 14 23:33 pm |Rating: 0 0 |Link to Comment
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