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Getting Really Long Oil, Really Really Soon
It’s days away, maybe a week, depends on what the dollar does. But I think…since…
…the volatility of oil has collapsed:
and since the curve is also collapsing…
I feel it is likely a smart time to buy at least half as much 2012 crude oil call verticals, as I ever plan on owning. I’ll save half my powder, for when my position gets cut in half. Crossing fingers I get the chance to.