OPTIONS PLAY: NYMEX CRUDE, THE NEXT BIG MOVER

As the U.S. Dollar continues it's downward channel, NYMEX CRUDE should pop next.

MY ANALYSIS

I like NYMEX CRUDE to move higher in the coming days and weeks for 3 basic reasons:

1. Weaker U.S. Dollar

2. Recovering global and domestic economies

3. Last time GOLD made a record high, NYMEX CRUDE went to $150/barrell

OPTIONS PLAY

FEB CRUDE- $81/BARREL

OPTION EXPIRY- JAN 14TH

CONTRACT SIZE- 1,000 BARRELS

LEVERAGE FACTOR- $1=$1,000

BUY THE FEB CRUDE 93-98 CALL SPREAD

 We also buy in a 3 to 1 ratio an outright PUT in case the market makes a MAJOR move against us.

FOR 25 PROVEN OPTION STRATEGIES CLICK HERE:  http://www.zaner.com/3.0/mmck.asp

THE BEST SERVICE I CAN OFFER YOU AS MY CLIENT IS WHEN TO GET IN AND WHEN TO GET OUT!

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 and fees.