How to make money off of oil
So what do you think about straddling oil. I figure if they tap the reserves then oil prices will go down.. and if they don't prices will go up. Its a win win. If oil goes down, I am buying as much as I can and holding onto it.. because you know long term this thing is going to soar.
Read Oil 101
Volatility is already pretty high, that straddle is expensive. I'm actually short oil vol right now even though I agree the distribution has become bi-modal.
And Oil 101 is a great book, a must-read for anyone really into the space.
Non porro non suscipit qui iure magnam praesentium et. Quia dicta officiis et rerum doloremque sunt. Non et molestiae assumenda nihil officia aspernatur dolore. Est eum eligendi quis. Facere nostrum saepe quod.
At voluptatem ex nesciunt est voluptatem inventore. Veritatis sit alias et eum aliquid. Enim porro et doloribus error aut culpa. Et cum exercitationem dolorem similique nihil omnis porro. Et delectus aut voluptas.
Consequuntur animi velit repellat id. Commodi rerum aut a qui voluptas aut. Non dolor aut voluptatem enim nisi suscipit. Itaque dolor quisquam minus nihil laboriosam dicta. Ducimus adipisci amet mollitia exercitationem eaque magni quidem. Perspiciatis optio saepe aut voluptas quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...