The price of light sweet crude recently had a high of $67.10 and is currently trading at 66.40.
Due to many circumstances I am calling the top in this market. An aggressive strategy would be to buy Puts on the major oil companies. One that I sold today after a nice run is VLO which is down $2.10 today. It has an all time high of about $95.
My credentials? Well I once stayed at a Holiday Inn.
Due to many circumstances I am calling the top in this market. An aggressive strategy would be to buy Puts on the major oil companies. One that I sold today after a nice run is VLO which is down $2.10 today. It has an all time high of about $95.
My credentials? Well I once stayed at a Holiday Inn.