OPTIONS PLAY: RBOB Unleaded Gas
RBOB Unleaded Gas could catapault into next leg higher.
MY ANALYSIS
Fundamentally, RBOB UNLEADED GAS should continue higher for 3 basic reasons:
1. Improving Demand
2. Strong Equities
3. Unforeseen Global Mishaps, Events, or Mania
Technically, we see the BUYERS taking hold of this market and pushing it back above support. also the UPWARD trend is confirmed by the MA.
OPTIONS PLAY
BUY BULL CALL SPREADS (contact me for details).
We also buy in a 3 to1 ratio an outright PUT in case the market makes a MAJOR move against us.
FOR A FREE REPORT ON OPTION BASICS CLICK HERE: http://www.zaner.com/3.0/mmck5.asp
WE ARE ALSO FOCUSING ON OPTIONS IN U.S. 30 YEAR TREASURY BONDS, OIL, SILVER, GRAINS, SOFTS, and INDICES.
FREE QUOTE- “Look at life through the windshield, not the rear-view mirror”
Call or email me with your phone number for a detailed explanation of the strategies 312-277-0115 or mmckinney@zaner.com.
Futures, options and forex trading is speculative in nature and involves substantial risk of loss. All known news and events have already been factored into the price of the underlying commodities discussed. The limited risk characteristic of options refers to long options only; and refers to the amount of the loss, which is defined as premium paid on the option(s) plus commissions
FOR CUSTOMERS TRADING OPTIONS, THESE FUTURES CHARTS ARE PRESENTED FOR INFORMATIONAL PURPOSES ONLY. THEY ARE INTENDED TO SHOW HOW INVESTING IN OPTIONS CAN DEPEND ON THE UNDERLYING FUTURES PRICES; SPECIFICALLY, WHETHER OR NOT AN OPTION PURCHASER IS BUYING AN IN-THE-MONEY, AT-THE-MONEY, OR OUT-OF-THE-MONEY OPTION. FURTHERMORE, THE PURCHASER WILL BE ABLE TO DETERMINE WHETHER OR NOT TO EXERCISE HIS RIGHT ON AN OPTION DEPENDING ON HOW THE OPTION’S STRIKE PRICE COMPARES TO THE UNDERLYING FUTURE’S PRICE. THE FUTURES CHARTS ARE NOT INTENDED TO IMPLY THAT OPTION PRICES MOVE IN TANDEM WITH FUTURES PRICES. IN FACT, OPTION PRICES MAY ONLY MOVE A FRACTION OF THE PRICE MOVE IN THE UNDERLYING FUTURES. IN SOME CASES, THE OPTION MAY NOT MOVE AT ALL OR EVEN MOVE IN THE OPPOSITE DIRECTION.
