GREY:LSTMF - Post by User
Post by
gottagetgoldon Nov 29, 2010 7:24am
384 Views
Post# 17769293
100 dollar oil
100 dollar oil
https://finance.yahoo.com/news/Talk-of-100-Oil-Returns-as-bloomberg-1317601168.html?x=0&sec=topStories&pos=5&asset=&ccode=
Grant Smith and Mark Shenk, On Monday November 29, 2010, 5:25 am EST
Oil’s return to $100 has become thebiggest bet in the crude options market.
The price of options to buy December 2011 futures at $100 abarrel jumped 14 percent on Nov. 24, the largest one-day gain inthree months, according to data compiled by Bloomberg. So-calledopen interest for the contract has risen 51 percent this year to45,424 lots, the highest for any crude option on the New YorkMercantile Exchange.