
TWIFO 331: Rollicking Rates, Evaporating Equities and Flourishing FX
This Week in Futures Options
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Oil Futures Trading - If You're Looking at a Daily Chart I'd Buy a Delta Below 100
Crude oil is in a range pound market so I look for that to continue at least through the first quarter of next year again unless we see something unusual right now it's fairly priced. The options could be a great way to play some of this movement if you get a bully set up and to even put something simple on like calls. A sideways move a range bound market let's say between 85 on the upside 70 on the downside would be expected and my feeling would be to take that position cash it in and use that money some place else.
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