let me get this straight, you bought July Puts at a strike of 119? LOL...dude you need to study the Oil Market before you start you new OIL TRADING venture. There isn't a shot in the dark that Oil will be trading at 119 in July, two months away. We are going into Hurrican Season, Geo-political fires are still burning, Demand has not drop'd, regardless of the bullshit US consumers cutting back on on "Driving". Oil is in a bull market......IN commods, trend is your friend until prov'n other wise... Trading Oil futures, Options in Oil is nothing like trading stocks or US futures. :eek:
even worse ...july's expire in june! so at least you are correct as far as how different cl options can be. you guys are funny.
Did you read the post, or did you make an ass out of yourself and assume? Where does it say in my post that I bought the puts???