#USOIL Rocket OR Someone gone crazy?
Yesterday, on CME there was crazy huge bet on the WTI crude oil prices, with it supposedly soaring to $100 per barrel by August 14th of this year. Despite it being a rare occurrence for this year, we personally have some doubts about this forecast because the nominal value of that bet doesn't exceed $390,000, which is relatively small for the oil market. Let's see. Maybe there are some geopolitical upheavals coming out soon.
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Our team studies the options market and how it affects stock prices.
We do the best research as we can to find new opportunities in the massive amount of information every day to help you make data-driven trading decision. Vizit our profile for more ideas!
Please feel free to leave any comments you have and like this idea if you agree with us. Any feedback or comments will be read. We appreciate it all!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.