Option Block 394: Oil Speculators Get Burned

Trading Block: Oil and oil related issues are still dominating trading - crude taking it on the chin. Brent and WTI hovering at crazy ranges. Most recent CFTC data shows increased net long positions. VIX, VXST and VVIX

 

 

Odd Block: Golar LNG Limited (GLNG), AGCO Corporation (AGCO), and Neptune Technologies & Bioressources-Ord (NEPT)

 

Xpress Block: A look at one of the coolest tools OX offers - The Walk Limit.

 

Mail Block: Listener questions and comments.

Question from Josh B - What is your favorite product to use for an options play on oil?

Question from Elian04 - I think we got a bounce coming in crude back to the 75 handle in the next month or two. Best bets?

 

 

Around the Block: Earnings this week: Blackberry and Nike. Fed coming up this week.