Ay Jimmy put 10,000 on red please, and open up that Strait of HOrmuz please, k thanks
https://i.redd.it/9i86ljl31fpg1.jpeg
Posted by thehandsoap
12 Comments
This-Marzipan-5557 on
Bit early i believe, war wont end before end of the month, oil can/will atleast slowly go up to 100 a barrel and mabey even more, better to wait and see what the usa will do with Karg island and how iran will react to such an action, also the arab states may get directly involved involved into fighting iran and who knows what that will do to the price….
Being patient will save you money, noone ever got poor from waiting just not rich.
rair21 on
I’m gonna hold your hand while I tell you this. This week, the Strait will have been closed long enough for storage to become full over normal levels which means production will have to start going offline. Stopping production will lead to an increase in the duration of the higher prices. If this play doesn’t work within the next 48 hours then it isn’t going to work at all.
DuckHunter4779 on
I have some $100p, having silver flashbacks a bit.
Regiampiero on
I hate to break it to you, but there’s nothing to open up. Boats aren’t boating because they’re afraid of going boom boom. Even if Iran would to surrender today, it would take at least a month to get supply up and running again for the refineries that have been shut down. It will take longer for the refineries that have been damaged. Plus all the crude that has been set ablaze, the pipelines and the port infrastructure that has been damaged. You’re looking at six months to a year before global supply can go back to what it was.
Bradley182 on
seeing all the regards saying this is a bad idea is actually making me believe you.
InterVenus0 on
90% cooked
pm_me_yo_creditscore on
To quote the famous economist James Hetfield – *To secure pizzas to prepare for war.*
nate99999 on
$100 oil is probably the perfect spot for a 2 month straddle. But it’s not retarded enough of a trade so Godspeed.
LongroddMcHugendong on
Why don’t you sell those now, give me half, we go out back I kick you in the nuts and we call it a day
LongevitySpinach on
I’m running Poor Man’s Covered Put in USO. Long the Jan 28 110 put since last week. Already sold the $95 put and bought it back at 90% profit. Sold the 105 put today, about 11 days out. I’ve already sold $600+ in short premium against the $2800 premium I paid for the long LEAPS put.
Anyone want to bet oil stays above $100 for two years? ICE engine sales peaked in 2017 and EV’s are now over 25% of new vehicles sold worldwide. The present oil spike makes it obvious transition to renewable energy and EV’s is a national security priority for many nations.
mhughes2595 on
I did my patriotic duty and put 10k into staggered uso put spreads too.
Visible-Atmosphere72 on
Brother if you want peace you need to buy calls instead
12 Comments
Bit early i believe, war wont end before end of the month, oil can/will atleast slowly go up to 100 a barrel and mabey even more, better to wait and see what the usa will do with Karg island and how iran will react to such an action, also the arab states may get directly involved involved into fighting iran and who knows what that will do to the price….
Being patient will save you money, noone ever got poor from waiting just not rich.
I’m gonna hold your hand while I tell you this. This week, the Strait will have been closed long enough for storage to become full over normal levels which means production will have to start going offline. Stopping production will lead to an increase in the duration of the higher prices. If this play doesn’t work within the next 48 hours then it isn’t going to work at all.
I have some $100p, having silver flashbacks a bit.
I hate to break it to you, but there’s nothing to open up. Boats aren’t boating because they’re afraid of going boom boom. Even if Iran would to surrender today, it would take at least a month to get supply up and running again for the refineries that have been shut down. It will take longer for the refineries that have been damaged. Plus all the crude that has been set ablaze, the pipelines and the port infrastructure that has been damaged. You’re looking at six months to a year before global supply can go back to what it was.
seeing all the regards saying this is a bad idea is actually making me believe you.
90% cooked
To quote the famous economist James Hetfield – *To secure pizzas to prepare for war.*
$100 oil is probably the perfect spot for a 2 month straddle. But it’s not retarded enough of a trade so Godspeed.
Why don’t you sell those now, give me half, we go out back I kick you in the nuts and we call it a day
I’m running Poor Man’s Covered Put in USO. Long the Jan 28 110 put since last week. Already sold the $95 put and bought it back at 90% profit. Sold the 105 put today, about 11 days out. I’ve already sold $600+ in short premium against the $2800 premium I paid for the long LEAPS put.
Anyone want to bet oil stays above $100 for two years? ICE engine sales peaked in 2017 and EV’s are now over 25% of new vehicles sold worldwide. The present oil spike makes it obvious transition to renewable energy and EV’s is a national security priority for many nations.
I did my patriotic duty and put 10k into staggered uso put spreads too.
Brother if you want peace you need to buy calls instead