saifl

Options Trader: Friday Outlook

awhhhhh...oil got you down moron? Still talking all those conspriacy theories? Really a bubble eh?
The reason no-one buys those contracts is that they are illiquid. But the decembers do trade. companies buy the december and then as the contract comes close, they close out the december and simultaneously take long positions in other months. That is how hedging is done. Now go back and read it slowly and then hit yourself a couple of times till it sinks in.Ok?
That said put in a bid $1 above what the ask is for the december is trading for those years and I will sell you all you want on any month? ok?.
And oh yeah 300 million barrels sold? and the price fell only $2? THAT is your logic? Who took the other side of that moron?
The net speculator long position is so small that only someone as stupid as you could think that prices could be influenced even marginally with that.
and BTW you still have not responded about Sugar and Natural gas as to why your imbecile theoires fail to explain "speculation" with prices.