You're welcome, schizo. True confessions from me would be that I just looked this up for you and I had never heard of any of them either. We'll have to do some more research and see what we come up with. It's interesting though.
Shorts - Get out or get steam rolled. There is enough panic, hype and world conflicts to drive this up to 130 in the next 2 - 3 weeks max.
Hey guys, I see that the April contract expires on March 18, I wrote some call options on the May contract (the 105 call at $4) but I own the April contract on oil. I want to rollover my contract with minimal contango cost, will I have until March 18th to do the rollover or do I have to have some kind of special access to CME to wait until that last day? My other question is, let's say oil goes up over $105 tomorrow, or let's say over $110 tomorrow, is there a way I can lock in my profit for the $105 plus my premium so I don't have to wait until May expires, or do I have to wait until May actually expires? Thanks ;D