Options Wonderland

[Mt. Blanc]

Agreed...oil is known to be oversold right now,

It's due to bounce now or move slowly up the ladder. If it settles in mid 70's which I'd like to see... DIG will trade much higher than $30.

If OPEC comes out with millions less bbl per day, then oil could spike to low 80's if not 90's on a blip. They must have cut output already for they have no place to store it. Run out of storage space and what do most people do???? Crank down the spigot!

DIG would be $60++

mb