saifl

Options Trader: Monday Outlook

"As you mention, there are still, even after the mass dumping of contracts, 282,411,000 (1,000 barrels per contact) barrels of oil scheduled for July delivery at $131 per barrel. Let's follow up every day and see how many of these barrels there is really a demand for and how many are total BS. I'll be putting my bet that 240,000 of those contracts are cancelled over the next 10 days."Yes Moron why does the price not fall on the expiration of each contract?
What about NG? the short position there and the OI is much higher? No explanation? What about Sugar? you have been spewing your BS since oil was in the 50's. And if i remember correctly you first went short in the 110's range.