Summary
This trade focuses on why it is now opportune to go long oil. The strategy shows how the trade can be implemented using options, futures, ETF and spread-betting products.
Recommended for
Entrepreneur / Private Investor / Professional Investor / Asset Manager / Other
Product Classification in FRX
- Region
- Product Group
- Product Category
- Details
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Long Oil Strategy
Detailed description
Oil has had a very turbulent period throughout 2012. The main reason for the sharp drop in the price of oil over the past number of months has been the poor global economic outlook. However, with expectations high that both the FED and ECB are going to act to address the issues facing the global economy the recent gains in the oil price are now sustainable and can be built upon. Therefore, it makes sense to go long oil at these current levels with time frame of around 3 months.
Author's disclosure
I have no positions in any stocks mentioned in the work, and no plans to initiate any positions within next 72 hours.
I receive no compensation to write about any specific stock, sector or theme.
Keywords
FRX Identity
- Product ID:
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W-00000152
- Type:
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For Sale
- Status:
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For Sale
- Upload date:
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08 Aug, 12
- Last updated:
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08 Aug, 12
- Status change date:
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08 Aug, 12