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Brian Stutland's Crude Oil Futures Trade

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Brian Stutland's Crude Oil Futures Trade

Brian Stutland of Equity Armor Investments said on CNBC's "Futures Outlook" that the push up in crude oil is a little bit overdone because suppliers are going to come into this market.

He would be a seller of the December crude oil futures contract at $41. His target price is at $38.70 and his stop loss is at $41.70. If he is right and crude oil trades to his target price, he is going to make $2,300. If his stop-loss gets filled, Stutland is going to lose $700.

 

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Posted-In: Brian Stutland CNBC Futures OutlookFutures Markets Media