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Crude going to 90$
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Crude going to 90$

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Trading Apprentice
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Crude going to 90$

Does anyone belive that Crude is going to go to 90$ by the end of 2016? I read that on news headlines today.
????

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  #3 (permalink)
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no

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Dec16 $90 Calls traded 7c today so I think the market agrees with @rleplae.
In fact the Dec16 $79 calls settled 17c. If Dec16 CL does go to $90 those calls would have a minimum return of 6470%!

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SMCJB View Post
Dec16 $90 Calls traded 7c today so I think the market agrees with @rleplae.
In fact the Dec16 $79 calls settled 17c. If Dec16 CL does go to $90 those calls would have a minimum return of 6470%!

Anyway you should not try to focus on making 6470% ;-)
for sure CL will go up and down plenty of times, and plenty of opportunities to take many ticks..

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Not a chance

Too much supply in the world for it to get that high

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