Does anyone belive that Crude is going to go to 90$ by the end of 2016? I read that on news headlines today.
????

no

Dec16 $90 Calls traded 7c today so I think the market agrees with @rleplae.
In fact the Dec16 $79 calls settled 17c. If Dec16 CL does go to $90 those calls would have a minimum return of 6470%!

SMCJB 

Dec16 $90 Calls traded 7c today so I think the market agrees with @rleplae. In fact the Dec16 $79 calls settled 17c. If Dec16 CL does go to $90 those calls would have a minimum return of 6470%!

Anyway you should not try to focus on making 6470% ;-)
for sure CL will go up and down plenty of times, and plenty of opportunities to take many ticks..

Too much supply in the world for it to get that high