Thread: Gasoline at $4 Coming to a Pump Near You, Unfazed by Rising Tab
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Old 02-03-2015, 02:32 PM   #4815
Buehler445 Buehler445 is offline
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Join Date: Apr 2007
Location: Scott City KS
Casino cash: $2054734
Quote:
Originally Posted by KC native View Post
Let's assume you got in at $44 and out at $54 (which its already dropped back to 52.87 while typing this).

$10/44=22.7%

If you invested $100, you would have $122.70 with no transaction costs. You'd be far from rich.
Heh.

Is that owning the contracts or buying a call option? $100 won't buy a contract of anydamnthing. How many barrels is a contract?

EDIT: could be an investment in an index fund. There will be some huge slippage in that bitch though.
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