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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: Sweet Ol who wrote (191597)	7/15/2015 12:56:37 PM
From: MIRU	Respond to of 206086

MS now says oil will stay below $70 through 2016. I think the futures were already discounting the Iran deal and gradual or immediate lifting of sanctions. This will stress lots of companies which don't have much of their 2016 production hedged. May be ideal for option writers - an oil market that goes nowhere with enough implied volatility to offer some nice option premiums, especially for naked straddle writers.