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I was thinking the same - but looking more towards retaliations in the ME with oil production facilities getting taken out as a means to cut off ISIS/ISIL money flows. Cheap long dated far OTM calls would be ideal.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
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Crude runs have recovered nicely, up nearly 1kkb/day from the early October lows.
I know it's only a guesstimate but interesting to see that the DOE is reporting production flat to higher than the last few months.
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals, U308 and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,059 since Dec 2013
Thanks Given: 4,410
Thanks Received: 10,226
With Dec ~ $40 and Jan ~ $41.50 I know $30 is closer than $60 but I just don't think WTI goes that low. So it may not be any time soon but I have to pick $60 over $30.