iBankCoin
Joined Nov 11, 2007
31,929 Blog Posts

Traders Bet on $120 WTI by Christmas

Open interest on $120 & $125 WTI spike 29% in the last four weeks.

Good directional bet given the dollar index currently around 73.50

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3 comments

  1. Mr. Cain Thaler

    Bring it on then. I can short more yet. $125 is a good double down point.

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  2. CRONKITE

    I’m not sure it gets there unless we see a sharp snap back in the economy

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