Don't Give Away Your Crude Gamma

Well, that’s it for today’s post. I just wanted to get one under my belt. Tomorrow I will discuss one of my favorite trades that will hopefully benefit from the rise in crude oil - long inflation breakevens.

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Moon Kil Woong 1 year ago Contributor's comment

Prices can rise significantly if war occurs or even if rumors grow. Sadly if there is war with Iran there is a good chance they will destroy more of Saudi Arabia's production in retaliation.

Terrence Howard 1 year ago Member's comment

Yes, the Saudis would retaliate against Iran as well. Iran's evonomy is already so fragile, could it survive a war?

Moon Kil Woong 11 months ago Contributor's comment

Even if it could the sad fact is there will be a lot of destruction to oil production even if there is a limited war.