oil options sunday night
4 responses | 1 like
Started by Richard - Sept. 15, 2019, 7:19 p.m.

Something strange is really going on. I am getting filled on every order I put in. The moil market is at 61.10, and I just got filled on selling 5 Oct 68 calls for 0.25 each. These calls expire on COB THIS TUESDAY. That means someone thinks we could be $7 higher in 2 days and we are already up $6 now. I am not sure what traders are thinking but I am sure that they said that when I bought the 68 calls for 0.01 each.

By metmike - Sept. 15, 2019, 8:05 p.m.
Like Reply

Extreme volatility and uncertainty.  I wouldn't even want to guess where the price will trade tomorrow.

By Richard - Sept. 15, 2019, 8:38 p.m.
Like Reply

I own 19 Oct 72 calls. paid 0.02 each. oil is at 61.00. Options expire on Tuesday, Two days away. Market was 8 bid offered at 15. Put an order in too sell 5 at 12 and was filled within 1 minute. WOW.  

By pj - Sept. 15, 2019, 9:54 p.m.
Like Reply

Good going.

By metmike - Sept. 15, 2019, 11:21 p.m.
Like Reply

Congrats Richard!