Posted by racerick on 10th of Jun 2010 at 09:54 am
Longest ones you can buy are Jan 2012. The long dated options
have pretty good premiums since as you can imagine, you're not the
only one thinking this.
Could do a spread - for example, buy the 40s and sell the 50's.
Will limit potential but also greatly reuce risk.
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BP options
BP Options Question
Posted by racerick on 10th of Jun 2010 at 09:54 am
Longest ones you can buy are Jan 2012. The long dated options have pretty good premiums since as you can imagine, you're not the only one thinking this.
Could do a spread - for example, buy the 40s and sell the 50's. Will limit potential but also greatly reuce risk.