December 4, 2014

THEY'RE THE BULLS:

Extreme oil bears bet on $40 crude (Gregory Meyer, 12/04/14, Financial Times)

The oil market rout has made some investors so bearish they are buying contracts that pay out if prices drop below $40 a barrel -- a level last traded during the bleakest chapters of the financial crisis.

Extreme market scenarios are playing out in put options for crude, which give holders the right to sell oil above a set price by a certain date.

Posted by at December 4, 2014 8:23 PM
  

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