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.