...and right or wrong, I'm convinced Bush intends to, probably before summer 2008. How would you trade it?
Maybe too we'll get an attack on America, that way I can short the S&P Futures, and long oil. We are due for another attack, it's been calm for awhile now
Let me clarify my question; It's been a decade since I traded futures, and I'm alot rusty on this. I'm thinking of buying CL calls with about 15K of totally disposable risk capital, around January or February of 2008. A) I'm not sure which expiration month would be best (leaning towards Jan09). B) I'm not sure whether it's generally better to buy calls way out of the money, but likely to be hit (such as 150's), or to pick up a couple calls just a few strike prices out of the money. C) I could care less if they were a total loss and expired worthless, but I would rather not have to deal with margin calls. (I just want to buy and forget about it.)