I'm very bulling on GSF too. I sold out good gains a week ago, but i'm not sure about pulling the trigger again at this point. I took numerous long positions in NBR but i'm in the negative on those.
Well with earnings report coming up I would expect them to run COP down since I think earnings will be good this quarter. I went long on some VLO calls recently, not a good move but will wait til my short Nov calls expire before trading my long Feb calls.
It is difficult to trade options on oil futures. Oil stocks seem to be the only way to do this electronically. Gold stocks seem to track the gold price better for some reason.