CL Redux

bear, the last three months have been torture for discretionary,the markets are thin and the big traders are churning the dayttraders,there is a record amount of unused cash on the sidelines,staying out of the market

 

Long 74.71, add 74.40

 

ic, sept/oct is usually prime season for volatility, lets see what develops. I am giving it till december. Thanks.

 

Just got long a QMX0 at 76.050 no stop as of yet but probably won't add unless it works by the eod.

 

74.47 and 74 .30 bid...cxl

 

looking to get back to 75.30 area

 

long 74.15, 74 bid, offer 74.5, cover .30, .15 bid again with the 74 bid,.50 offer when filled....cxl all

 

Anyone expecting a big selloff in ES this afternoon? Unfortunately CL will be closed.

 

es is going to try to break June highs on z contract.

 

CL price will be frozen by after pit closed as you said , that is the exact market fear ( after noon sell off) that is why we saw 74.10 few minutes ago ...

I see CL touching 75 , if ES holds another 1 hour

Best trade at this time : buy 74 put for $90 and go LONG now trading at 74.50