The Drinking Thread
- Thread starter thekidcatcher
- Start date
AlienXtx
Nignog
Fruit, quinoa and Hawaiian sea salt, could be worse...could be a Shiner.
They should deport that shit
I actually prefer Shiner to that Dogfish Head beer. Glad I only got one from HEB.Fruit, quinoa and Hawaiian sea salt, could be worse...could be a Shiner.
Taco Loco
Tired and Lazy, married to ‘The Laundry Fairy’
balakay
BabyMax
Rent a U-Haul,
They dont have their full license to sell it. So they can only sell 2 bottles a month per person.
Taco Loco
Tired and Lazy, married to ‘The Laundry Fairy’
Taco Loco
Tired and Lazy, married to ‘The Laundry Fairy’
I guess the rainbow didn’t deter you from buying such a beer?
AlienXtx
Nignog
Their Midus touch is the only one that's drinkable
Taco Loco
Tired and Lazy, married to ‘The Laundry Fairy’
, my gag gift to brother this past Christmas was men’s unicorn boxes, unicorn hand sanitizer and unicorn salt baths,
I really like the 60min & 90min beer from them.
Taco Loco
Tired and Lazy, married to ‘The Laundry Fairy’
This dude must have been drinking the bottle a bit too much. Curious to see how this pans out for him. Damn near a 6 million bet...
OPTIONS TRADER MAKES 7-FIGURE BET ON OIL BREAKOUT
The investor expects the USO ETF to make a massive move in the coming months
by Andrea Kramer
Published on Aug 21, 2019 at 1:18 PM
New: Their Traders Had Nothing but Winners for over Two Years [ Keep Reading ] SPONSORED
Ahead of today's weekly crude inventories report, which showed a bigger-than-expected drop in domestic oil supplies, one options trader placed a big bet on the United States Oil Fund (USO). Specifically, it looks like the investor forked over seven figures to speculate on a massive move for the oil exchange-traded fund (ETF) by January.
At last check, USO has seen 42,000 calls and 37,000 puts cross the tape, exceeding its average intraday volume of roughly 22,000 calls and 26,000 puts. Most of the action transpired at the January 2020 11.50 strike, where symmetrical blocks of 30,000 calls and puts traded out of the gate. It seems the trader bought the calls for $1.15 each, and the puts for $0.78, resulting in a net debit of $1.93 per spread, or $5.79 million total ($1.93 x 100 shares per contract x 30,000 spreads).
There are two ways the long straddle can profit: if USO rallies above $13.43 (strike + premium paid) or falls below $9.57 (strike - premium paid) before the options expire on Friday, Jan. 17. The further the shares move beyond those breakeven rails, the more money the trader stands to make. However, should the ETF land right at $11.50 when January options expire. the investor will lose the entire $5.79 million.
Looking at the charts, the oil fund will need to break out of its recent trading range -- and head for new 2019 highs or lows -- in order for the straddle to profit. Since gapping lower in mid-May, USO has bounced around between support in the $10.50 region and resistance at $12.60. At last check, the ETF was up 0.3% at $11.66
OPTIONS TRADER MAKES 7-FIGURE BET ON OIL BREAKOUT
The investor expects the USO ETF to make a massive move in the coming months
by Andrea Kramer
Published on Aug 21, 2019 at 1:18 PM
New: Their Traders Had Nothing but Winners for over Two Years [ Keep Reading ] SPONSORED
Ahead of today's weekly crude inventories report, which showed a bigger-than-expected drop in domestic oil supplies, one options trader placed a big bet on the United States Oil Fund (USO). Specifically, it looks like the investor forked over seven figures to speculate on a massive move for the oil exchange-traded fund (ETF) by January.
At last check, USO has seen 42,000 calls and 37,000 puts cross the tape, exceeding its average intraday volume of roughly 22,000 calls and 26,000 puts. Most of the action transpired at the January 2020 11.50 strike, where symmetrical blocks of 30,000 calls and puts traded out of the gate. It seems the trader bought the calls for $1.15 each, and the puts for $0.78, resulting in a net debit of $1.93 per spread, or $5.79 million total ($1.93 x 100 shares per contract x 30,000 spreads).
There are two ways the long straddle can profit: if USO rallies above $13.43 (strike + premium paid) or falls below $9.57 (strike - premium paid) before the options expire on Friday, Jan. 17. The further the shares move beyond those breakeven rails, the more money the trader stands to make. However, should the ETF land right at $11.50 when January options expire. the investor will lose the entire $5.79 million.
Looking at the charts, the oil fund will need to break out of its recent trading range -- and head for new 2019 highs or lows -- in order for the straddle to profit. Since gapping lower in mid-May, USO has bounced around between support in the $10.50 region and resistance at $12.60. At last check, the ETF was up 0.3% at $11.66