UCO Calls for Jan2012

[perrytime]

Took a gamble that oil will push back up between now and Jan. Picked In the $ calls. Anybody else trading UCO?

 

[brewer12345]

Nope. But I added a bunch of Jan 2012 $25 calls to my CHK equity position yesterday morning. Betting that a low cost producer of onshore nat gas will do well if drilling becomes suspened for a long time in the GOM (or simply a lot more expensive).

 

[JDARNELL]

I have about 700 shares. Seems the range tops out at about $14.50

Tomcat98