Posts Tagged ‘call spreads’

The Line in the Sand March 08, 2010

Monday, March 8th, 2010

Please click spreadsheet to view Energies Crude traded to its highest level since mid-January back near $82/barrel. We’ve been expecting a correction back to $75/76 and are still positioning our clients thinking that is the likely scenario. We’ve opted not to use futures again until there is evidence of an interim top so until then [...]

Jackpot!! 8/3/9

Monday, August 3rd, 2009

Crude higher by $2 today trading to a 4 week high. Our clients own zero contracts but before you judge recognize that most of our clients do own natural gas which was higher by 11% intra-day and looks to close just below the resistance level. We continue to advise clients to own $1 call spreads with a 2/3 [...]