(08-16-2021, 08:42 PM)vbin Wrote: Everytime oil runs too much, world has been threatened by war. Biden not gonna do anything.Just one small factor. Remember last year when we bought SPY puts a couple weeks late and then it doubled faster than anytime since WWII?
OPEC knows it. Wait and watch oil run again.
I hope you are right on oil. IMO it's fairly priced at the moment. I think Vlad and Prince Chainsaw will keep it in line.