News for hackers. Stuff that matters.
Re:I tried to buy an actual barrel of crude oil (2015) by bluGill on Tuesday April 21, 2020 @09:20AM (#22934684)
Better yet you can play hedging games with your oil. Sell a june delivery contract to lock in your profit now. If June prices collapse buy a contract to take delivery in June and sell one to deliver in July. You never have to get to Port until prices are high enough to be worth actually making a delivery, and you make money every month.

Details of the above are important to get just right. It works out if you get all the details right.

There are no comments on this comment yet.