5 Ways To Play Crude Oil

On CNBC's Fast Money, Steve Grasso spoke about crude oil. He thinks that after the recent rally, the risk is to the downside. He believes crude oil could trade to $45.

Tim Seymour wants to buy VanEck Vectors Oil Services ETF (NYSE: OIH) because it's the most levered. He would also consider buying Total SA (ADR) (NYSE: TOT) and Royal Dutch Shell plc (ADR)(NYSE: RDS-A).


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Guy Adami would buy Anadarko Petroleum Corporation (NYSE: APC), which is going to report earnings on October 31. He wants to be long ahead of the earnings report, because he thinks that it could trade above $70.

The United States Oil Fund LP (ETF) (NYSE: USO) closed at $11.67, up 3 percent. It's up about 10 percent 10 percent over the last month.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: CNBCLong IdeasFast MoneyCommoditiesMarketsMediaTrading IdeasCrude OilGuy AdamiOilSteve GrassoTim Seymour