Linn Group Energy Special
If you have been reading this wire, you know that we have been talking about the
RBOB-HO being the potential trade of the year, and to be patient and keep that in your
back pocket for later. Well, later is now. It appears that the spread has started to turn
according to our short term indicators as well as market seasonality. Buy the June
RBOB – Heating Oil spread right here at -.1317 and risk -.1850. This trade has the
potential to challenge +.4000.
Another approach is to look to an RBOB-HO call spread to go after the upside
potential. Buy the June RBOB 2.72 Call, settled at .1762, and sell a June Heating Oil
2.85 Call at .1558 (cost of $856). You can move this out of the money as another
alternative with a June RBOB 2.80 Call vs. the June Heating Oil 3.00 Call at a cost of
$1850.
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312.896.2001
REPRODUCTION OR REBROADCAST OF ANY PORTION OF THIS INFORMATION IS STRICTLY PROHIBITED WITHOUT THE WRITTEN PERMISSION OF THE LINN
GROUP, INC. THE INFORMATION REFLECTED HEREIN IS DERIVED FROM SOURCES BELIEVED TO BE RELIABLE; HOWEVER, THIS INFORMATION IS NOT
GUARANTEED AS TO ITS ACCURACY OR COMPLETENESS. OPINIONS EXPRESSED ARE SUBJECT TO CHANGE WITHOUT NOTICE. THIS MATERIAL AND ANY
VIEW EXPRESSED HEREIN ARE PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED IN ANY WAY AS AN INDUCEMENT TO
BUY OR SELL COMMODITY FUTURES OR OPTIONS CONTRACTS. THE LINN GROUP AND ITS OFFICERS, DIRECTORS, EMPLOYEES AND AFFILIATES MAY TAKE
POSITIONS FOR THEIR OWN ACCOUNTS IN CONTRACTS REFERRED TO HEREIN. TRADING FUTURES INVOLVES RISK OF LOSS
Linn Group
*All quotes and charts provided by Linn Group Platform. www.linngroupplatform.com*
WWW.LINNGROUP.COM
312.896.2001
REPRODUCTION OR REBROADCAST OF ANY PORTION OF THIS INFORMATION IS STRICTLY PROHIBITED WITHOUT THE WRITTEN PERMISSION OF THE LINN
GROUP, INC. THE INFORMATION REFLECTED HEREIN IS DERIVED FROM SOURCES BELIEVED TO BE RELIABLE; HOWEVER, THIS INFORMATION IS NOT
GUARANTEED AS TO ITS ACCURACY OR COMPLETENESS. OPINIONS EXPRESSED ARE SUBJECT TO CHANGE WITHOUT NOTICE. THIS MATERIAL AND ANY
VIEW EXPRESSED HEREIN ARE PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED IN ANY WAY AS AN INDUCEMENT TO
BUY OR SELL COMMODITY FUTURES OR OPTIONS CONTRACTS. THE LINN GROUP AND ITS OFFICERS, DIRECTORS, EMPLOYEES AND AFFILIATES MAY TAKE
POSITIONS FOR THEIR OWN ACCOUNTS IN CONTRACTS REFERRED TO HEREIN. TRADING FUTURES INVOLVES RISK OF LOSS