do oil options exist?

or is it just futures? if they do where can i find them

 

no? yes? maybe? stupid question? no doubt

 

NYMEX

 

Google is your friend!

http://www.nymex.com/lsco_options.aspx

 

cool thanks

 

xle,ohi,uso ,much easier to trade than oil,the trendlines are easier to draw,i like xle, just bought 84 puts at 1.26

 

Minor correction: OIH (Oil Service HOLDRS)

 

oih correlates poorly with crude futures

 

USO would be the closest tracker to the WTIC I think. I have sold 20 USO 100 calls expiring next week. I'll probably have my head handed to me