Term crude call

Discussion in 'Energy Futures' started by thegazelle, Feb 6, 2011.

  1. Putting my money where my mouth is. See attached image.

    Long the following:

    CLZ1 145c @ .64
    CLZ2 110c @ 5.15
    CLZ2 130c @ 4.05

    This is an inflation/collapse trade. I believe we will see $150+ crude in 2011. A majority of my trades are for CLZ2. Room to be wrong. If it doesn't happen in 2011, I think it will definitely happen in 2012.

    Next update will probably be in a few months. If this doesn't happen, I'll definitely be back take my lumps and face public condemnation. If it starts to pan out, I'll update on my profit targets.