Thread: Buying put options on BP - good idea???
View Single Post
Old 05-18-2010, 12:20 PM  
L-Pink
working on my tan
 
L-Pink's Avatar
 
Industry Role:
Join Date: Mar 2005
Location: Florida/Kentucky
Posts: 39,151
Quote:
Originally Posted by TheStout View Post
Why do you say that? I am banking that the price of the stock will drop a bit more.
It will also rise as the price of oil goes up due to the "new shortage" they helped create.

Remember this is oil.


.
L-Pink is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote