Forget $100, Options Traders Now Betting On Oil Prices Hitting $200
By Tsvetana Paraskova - Oct 19, 2021, 7:00 PM CDT
$100 Oil is no longer an ‘outrageous’ bet in the call-options market
Some speculative traders are now betting on $200 oil in December 2022
For those betting on $100 oil, the leader of the OPEC+ alliance, Saudi Arabia, has a message: look beyond the end of this year; an oversupply is coming next year
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