So it begins. Here’s an update on the storm I pointed out yesterday, this needs to be monitored:
Should this thing get in the gulf, oil will rip tits off of short sellers. Best get your hurricane plays ready: off the bat I can think of $NOV (long), which I refuse to sell here, and the usual suspects like $ROYL & $LEI. Should things continue on this path I will put together a more detailed list of plays in order to hedge myself from this storm.
If you have any good ones, leave me a comment.