Home › Forums › Financial Markets/Economics › OIL – 20$ – Can it happen, how to short oil
- This topic has 100 replies, 12 voices, and was last updated 16 years, 9 months ago by macmichael.
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February 7, 2008 at 1:20 AM #11736February 7, 2008 at 4:33 AM #149125sogonParticipant
One indirect way to profit from the price of oil is to trade currencies which have their value roughly based on the price of oil. Norway’s entire economy is oil driven, so its booming now with the price of oil, and will most likely fall into recession if the oil price hits the target you are predicting.
Another indirect way is to buy stocks for companies which benefit from a fall in oil prices, fertilizer and other agro products are likely to benefit from cheaper oil. I’m sure there are others, but it is actually quite a bit ‘safer’ than raw bets against the oil price.
February 7, 2008 at 4:33 AM #149383sogonParticipantOne indirect way to profit from the price of oil is to trade currencies which have their value roughly based on the price of oil. Norway’s entire economy is oil driven, so its booming now with the price of oil, and will most likely fall into recession if the oil price hits the target you are predicting.
Another indirect way is to buy stocks for companies which benefit from a fall in oil prices, fertilizer and other agro products are likely to benefit from cheaper oil. I’m sure there are others, but it is actually quite a bit ‘safer’ than raw bets against the oil price.
February 7, 2008 at 4:33 AM #149395sogonParticipantOne indirect way to profit from the price of oil is to trade currencies which have their value roughly based on the price of oil. Norway’s entire economy is oil driven, so its booming now with the price of oil, and will most likely fall into recession if the oil price hits the target you are predicting.
Another indirect way is to buy stocks for companies which benefit from a fall in oil prices, fertilizer and other agro products are likely to benefit from cheaper oil. I’m sure there are others, but it is actually quite a bit ‘safer’ than raw bets against the oil price.
February 7, 2008 at 4:33 AM #149412sogonParticipantOne indirect way to profit from the price of oil is to trade currencies which have their value roughly based on the price of oil. Norway’s entire economy is oil driven, so its booming now with the price of oil, and will most likely fall into recession if the oil price hits the target you are predicting.
Another indirect way is to buy stocks for companies which benefit from a fall in oil prices, fertilizer and other agro products are likely to benefit from cheaper oil. I’m sure there are others, but it is actually quite a bit ‘safer’ than raw bets against the oil price.
February 7, 2008 at 4:33 AM #149483sogonParticipantOne indirect way to profit from the price of oil is to trade currencies which have their value roughly based on the price of oil. Norway’s entire economy is oil driven, so its booming now with the price of oil, and will most likely fall into recession if the oil price hits the target you are predicting.
Another indirect way is to buy stocks for companies which benefit from a fall in oil prices, fertilizer and other agro products are likely to benefit from cheaper oil. I’m sure there are others, but it is actually quite a bit ‘safer’ than raw bets against the oil price.
February 7, 2008 at 12:17 PM #149319AnonymousGuestPersonally, I think you’re dreaming.
But, if you want to trade your conviction without entering the futures market, the most direct way to trade oil is the tracking stock USO. The stock closely reflects the price of crude and some finished products. And, yes, there are options available for that stock.February 7, 2008 at 12:17 PM #149575AnonymousGuestPersonally, I think you’re dreaming.
But, if you want to trade your conviction without entering the futures market, the most direct way to trade oil is the tracking stock USO. The stock closely reflects the price of crude and some finished products. And, yes, there are options available for that stock.February 7, 2008 at 12:17 PM #149592AnonymousGuestPersonally, I think you’re dreaming.
But, if you want to trade your conviction without entering the futures market, the most direct way to trade oil is the tracking stock USO. The stock closely reflects the price of crude and some finished products. And, yes, there are options available for that stock.February 7, 2008 at 12:17 PM #149605AnonymousGuestPersonally, I think you’re dreaming.
But, if you want to trade your conviction without entering the futures market, the most direct way to trade oil is the tracking stock USO. The stock closely reflects the price of crude and some finished products. And, yes, there are options available for that stock.February 7, 2008 at 12:17 PM #149678AnonymousGuestPersonally, I think you’re dreaming.
But, if you want to trade your conviction without entering the futures market, the most direct way to trade oil is the tracking stock USO. The stock closely reflects the price of crude and some finished products. And, yes, there are options available for that stock.February 7, 2008 at 12:24 PM #149325kewpParticipantThere are ProShares Ultra-Short Oil&Gas sector…
http://www.proshares.com/funds/dug.html
I would think that would track the price of oil fairly well.
(and I also think you are dreaming!)
February 7, 2008 at 12:24 PM #149583kewpParticipantThere are ProShares Ultra-Short Oil&Gas sector…
http://www.proshares.com/funds/dug.html
I would think that would track the price of oil fairly well.
(and I also think you are dreaming!)
February 7, 2008 at 12:24 PM #149596kewpParticipantThere are ProShares Ultra-Short Oil&Gas sector…
http://www.proshares.com/funds/dug.html
I would think that would track the price of oil fairly well.
(and I also think you are dreaming!)
February 7, 2008 at 12:24 PM #149612kewpParticipantThere are ProShares Ultra-Short Oil&Gas sector…
http://www.proshares.com/funds/dug.html
I would think that would track the price of oil fairly well.
(and I also think you are dreaming!)
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