Quote from: squatz1 on September 18, 2019, 02:11:49 PM

Quote from: PopoJeff on September 17, 2019, 10:02:46 PM

Made a nice profit on oil stocks.

Ready for the next news/crisis I can profit from

Well the Saudis have said that they're going to be able to return to normal output rather quickly, so I'm expecting Crude to go down on the news rather quickly. As people were freaking out that we were going to lose 50 percent of the largest oil producer.

I think this was Iran, I don't think anyone else have the machinery to do something like this.

It was a drone attack so basically it could have been everyone.

Besides the geo-political implications, this time we also have huge economical interest because saudia arabia is the 2nd largest oil producer with 15% of global output.

The oil price went ballistic when markets opened on monday and pumped 20% on the peak.
We had call options that were worthless on friday becoming worth hundred of millons on monday.

The attack itself should have been very cheap in comparison (drones attached with explosives - unseen by radar)