Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Interesting push down into NYMEX close
Ok thank you just curious. Looking at the chart and lvl2 was not sure why they're different.
Does anyone know why there are 2 different tickers for oil futures? /qm. and /cl what's the difference?
Looks like oil channeling between $49.15 ish and $49.40's area for now. Perhaps a bullfalg?
Haha that would be nice TMM. From you to the ether make it so!!!
Thanks guys didn't hedge got licky. Nice move
Totally agree I was just looking at that. I'm considering making my first hedge against a bearish report by taking some June puts? Seems simple enough to start there, maybe some June 16th $17 UCO puts? Any suggestions?
I think that move up is probably due to USD weakness. But yes I agree very interesting indeed. Good morning to you and everyone. Good trading today.
Would be something if EIA reports a 3 mil barrel draw....
Agree 500 shrs here U @ 16.70 no position in D yet until after report if build or small draw.
Good morning Gents. Hope we get a nice 2 day pop from inventory reports before the pull back. Good trading today.
Wow nice trade Kam. I'm still gun shy of playing the short side but I know it's just mental. I may take a position after Wednesday's report on the short side. Prob DWT or some puts. Keep it simple as can be. I do think that 5/25 OPEC news may move this up significantly but then just like last time we'll prob get a nice drop. So opportunity for scalps both directions.
Took my profits earlier. $15.84-$17.15 UWT not the top to or very bottom but was a nice over the weekend swing
Good morning Gents and Ladies. Yes Kam, nice action so far. I think this week looks to be a great one to be long oil.
Good morning everyone. Hope you all have a great Friday. Trade well and enjoy theveeekend.
Will probably swing a few shares overnight from these levels, UWT 1000 shares, seems to be moving similar to yesterday.
I think it'll retest that $48.50 today probably break above it to test $50 next week. Playing UWT for $48.50 WTI break today.
Mid $47's close enough Kam.
Wow nice report numbers, wonder if this gets WTI back to $48?
Good morning Gents, best of luck to everyone here today.
Thank you for that BOS-MMT those numbers look pretty good if they hold up for tomorrow's report.
Good morning everyone, a little late start here for me today. Hope all is well and good luck today.
Good morning Gents, good luck to all today.
Looks like oil opened up nicely today after the weekend. Let see if we get some upward continuation next week. Back above $49-$50 area would be great.
Thanks TMM guess it was only because I played the smaller moves and wasn't as in tuned to the market as I am lately.
Morning Gents, looking like oil wants to go up. Let see what we get. Trade well all.
Wish I understood the hedging stragety like Kam. He deff called the lows.
Are we all the ground floor yet?
Wow dipping hard today. Gonna hold out to see how low I can get it
Good morning Gents, big dip in oils this am, couldn't resist taking some here. Trade well today. Good luck to all.
Nice protection play Kam
Good morning all, will be watching for the report and some upward movement today. Trade well, have a great day.
I gotta play it for the long term Kam still working so I'm gonna play the report reaction as you call it.
There's that $47 handle Kam.
Yes thanks Kam, took another 1/4 position @ $15.90 gonna ride it out through the report and tomorrow's to see how it moves
Hhmmm nic idea.
Big dip on WTI time to go back in
Good morning all, wonder what we'll get today? Trade well and enjoy your week.
Has oil played this right before or is this new? Seems like 2-3% swings were daily in not weekly norm a year or two ago with occasional larger swings, but this seems like a lot narrower range am I correct? Not saying money can't be made just wondering.
Still holding my 16.60's could have gotten out at $18 in the pre but got a feeling we see $19's next week. Tempted to double up here. Will see what happens Sunday evening. I hope everyone have a safe weekend. See you back on Monday. Be safe.