I took an "at the money" July call option position in MRO on Friday to protect against the risk of oil prices heading higher over the next thirty days, due to volatility in the middle east, etc.
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My thoughts and observations regarding the currency and other markets.
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About Me
- Tom Buchanan
- San Antonio, Texas, United States
- MBA, 8 years experience as stock broker and commodity trading advisor, largely currency futures. Last 12 years trading FX, stocks, futures, options, etc. Studied with John B. Taylor at Stanford.
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--Sri Chinmoy
'Do you know why it's called a whiting?'
'I never thought about it,' said Alice. 'Why?'
'IT DOES THE BOOTS AND SHOES.' the Gryphon replied very solemnly.
Alice was thoroughly puzzled. 'Does the boots and shoes!' she repeated in a wondering tone.
'Why, what are YOUR shoes done with?' said the Gryphon. 'I mean, what makes them so shiny?'
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