Options traders betting on $100 per barrel oil
If oil does hit $100/barrel that will not be good for short-term inflationary pressures we’re already seeing. Owners of $100 options—now the most widely owned WTI call contracts on the New York Mercantile Exchange—are making a leveraged bet that oil prices will hurtle higher after already surging more than 40% this year. The roaring rally, … Continue reading Options traders betting on $100 per barrel oil
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