Saw the same thing on SPY on IBKR.
Its a reporting bias. If someone buys far outside of the money options, 999/1000 time they expire worthless and dont post about it.....but that...
Because I'd rather screw the Russians somehow. Fk those guys!
Fair enough. And it will be the excuse this time, next time, etc. Just repackaged for the world at the time.
Besides production costs, Doesn't Saudi's govt have a budget /social programs that are dependent on oil prices that are MUCH higher? Maybe that...
Yes agreed. I think Russia baited saudi to make this move though. Not an original idea by me.
But whats done is done. Who has the appetite to let them fail?
I am too, for the most part. I posted this purely for discussion. Just a random thought I had..but I dont think it's impossible. WH said...
Help industry weather the storm.
That's what Saudis play is...drive down the price by flooding the market. Bring the Russians back to the table to discuss a production cut....or...
I'm not at all worried. If it ends up being a bad trade...owell. I'm not even negative on it yet (i do expect to be in the near term). I have...
I have far dated crude contracts, as of today, in one of my discretionary accounts. No direct equity exposure, outside of s&p 500.
Oh I get it. Hard reset.
I agree with you, but I worry about more than first derivative effects with this one. Banking scares me.
What happens to the banks when those debtors go tits up? To generate bipartisan support.....the green energy sector goes tits up too, with...
Without too much thought and for the sake of conversation...yes. For the long term good. And only because a geopolitical foe engineered this to...
What's bullshit? Do you disagree with the thesis of a Russian attack on the U.S industry....or the proposed response?
This is a half baked thought...but may spur interesting conversation: Wouldn't be popular and may lose him an election....but Russia declared...
Again, speculating....but low oil price will potentially shutter some U.S oil frackers, that produce nat gas as a byproduct, reducing supply
Nat gas Market isn't about to be flooded w/ cheap Saudi oil, I presume. Fundamentals aren't my thing tho
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