Diving into Oil Options

Featuring Michael Purves

Michael Purves, chief global strategist and head of derivatives strategy at Weeden & Co., discusses the opportunity he sees in a particular energy ETF. He explains the technical and fundamental catalysts behind the trade, and lays out his derivatives trade, in this interview with Justine Underhill. Filmed on May 21, 2018.

Published on
23 May, 2018
Topic
Trading, ETF, Energy Commodities
Duration
11 minutes
Asset class
Commodities
Rating
21

Comments

  • DY

    Dmytro Y.

    28 5 2018 05:49

    0       0

    Another “timely “ advise. Sorry RV most of trade advises on commodities are simply below par or too late or both.and then you say you removed track record keeping. The only purpose of not keeping records is these guests cannot be held accountable for all sorts of ideas that more often than not tend to be mistaken....

  • SS

    Sophocles S.

    24 5 2018 06:24

    2       0

    Another oil trade :(
    There are a lot of potential investments globally and specific stocks that appear to be ignored...

  • MT

    Mike T.

    23 5 2018 23:00

    0       0

    the speaker says "if I were doing the trade today I would look at the July 45 /50 Call Spread"...

    Hmmm

    At first glance the Max Profit of $413 v Max Loss of £87 looks attractive until that is we look at the probability of profit which equates to a somewhat unattractive 27%.