doesn’t matter if you’re 20 or 70. Who’s needs a reason to draw a random penis when presented with opportunity
Mark Hanna: You gotta pump those numbers up. Those are rookie numbers in this racket. ... So you gotta feed the geese to keep the blood flowing. And keep the rhythm below the belt.
WTI crude oil (CL) hit a recent high today...$29.48. Highest since April highs. It appears domestic demand has picked up enough to keep Cushing OK inventory levels in check. June contract settlement is next Tuesday. Domestic oil drillers/pumpers need $30 to break even. Most shale oil producers need $50 to break even.
NQurious, as far as i think, with your market reading skills, you really do not need to take fancy options trades. Simple directional bet using calls and puts is sufficient for a trader with great reading skills, taking full advantage of the fact that simple SPY or ES calls and puts is much safer in terms of limited risk than ES . If i understand your preference of simplicity correctly, then simple calls and puts is great for you; by the way , ES options has a advantage over spy options, you can trade ES options whenever you can trade ES but not the case for Spy options.