silverspring

Options Trader: Tuesday Outlook

Please watch out how much more dollar is going to drop. 2% more? If this could give us the hint how far the overheated commodity could hike before taking a dive despite some temporary event (i.e. capline disrupted, Russia oil output reduced) , we at some of our best interest should start to long put now. Overall, its preferred to observe the trend, not the scattered, distorted events unless you want to play really short term market, but better not to do so since current volatile market could throw most smart guys out of their positions.