$35,000 being bet that oil will go over $150 by 2020

(edited)

Someone placed a bid just now of 500 options with a strike price of $150 on the December 2020 WTI crude oil futures at a price of $70 per option. (Yes, it's possible it's from more than one person but I think it's highly unlikely because those options haven't had significant volume for a while).

Edited by AE911truth.org
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That bid is gone now, maybe he chickened out.

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(edited)

Someone just placed a bid of $44,000 that oil will go over $125 by  Dec. 2020, 200 125 strike price call options at a price of .22 ($220 per option).

 

EDIT: The bid disappeared after being available for about half an hour.  I personally shorted one of those options yesterday at a price of .26 ($260).

Edited by AE911truth.org
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5 hours ago, AE911truth.org said:

Someone just placed a bid of $44,000 that oil will go over $125 by  Dec. 2020, 200 125 strike price call options at a price of .22 ($220 per option).

 

EDIT: The bid disappeared after being available for about half an hour.  I personally shorted one of those options yesterday at a price of .26 ($260).

It's not completely unlikely - crazier things have happened in the past..

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(edited)

$60,000 bet showed up just now that oil will go over $150 by the end of 2020. A bid of 500 December 2020 call options at a strike price of 150 at $120 per option.

EDIT: Gone now with no takers after being available for less than an hour.

Edited by AE911truth.org

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