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Old 11-15-2003, 02:19 PM
HUMMERDOGG HUMMERDOGG is offline
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Join Date: Nov 2002
Location: Houston, Texas
Posts: 398
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HummerMan-

I will gladly sell you daily struck $1.00 puts for the year 2004. It's my opinion that we see $40.00 crude next year (right now it's over $32 for the december contract and that's up from a sell off back in august that took crude from $32 down to $26) and I just don't think you'll see enough of a sell-off during 2004 in crude to get pump gas to get down below $1.00. However, like any trade I put on with somebody, I would welcome hearing your reasoning for sub $1.00 pump gas.

Thanks.

-Wayne
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