Gold and Energy Options Trader -- Gold, Oil & Energy Markets Investment Research
James DiGeorgia

Weekly Update

#038: Mon 1/5/2009
State of The Energy & Materials Market As We Enter 2009

As we begin trading in 2009, the energy and materials markets are living throuogh their own bear market not too dissimilar from the equity markets. So how are we going to tackle 2009? First the most important variable on the price of energy and materials will be the economic activity in the U.S. and worldwide. It is important to remember that the U.S. is the largest customer of most countries. When the U.S. catches a cold, the rest of the world catches the flu. Unfortunately, the U.S. has a flu instead of a cold and as such the world could have a case of pneumonia. Our favorite trades will remain spread trades but we may continue to deploy either a call or put trade as the opportunity arises.

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Latest Alerts

#115: Mon 12/22/2008
Uusual Options Volume In The Energy & Commodity Universe

Valero (VLO) saw options activity jump 34% over its 20 day average. Both puts and calls were active. Other unusual options action included MON HMY GFI. ~more~

#114: Thu 12/18/2008
Closing the OIH December $75 Put To Complete Our Bearish Put Spread For a Loss of 18.92%

Earlier this week, we covered the December $70 Put (OIDXN) in OIH for $0.68. We sold this put at $3.55. Now we are closing the December $75 Put (OIDXW). We are long at $5.90 and will close here at $2.60. For a loss of $3.30. The difference on the spread is a loss of $0.43 on a spread cost of $2.35. The percentage loss is -18.92%. ~more~


Options Activity

#100: Mon 1/5/2009
Options action in the Energy/Materials patch

Options action is heavy in Valero (VLO) with calls outbidding puts 2:1. Activity is up by 22% today against the 20 day average. ~more~