203-656-1143
alebow@commodityresearchgroup.com
AN INDEPENDENT COMMODITY RESEARCH GROUP
by Jim Colburn Leave a Comment
Reuters reports on Occidental’s “three-way” options hedge, that is, selling calls against buying a put spread… This hedging/trading strategy goes in and out of fashion over the years… One can always create a “costless” three-way by varying strike prices… The link is here…
”The summer hedge covered nearly 110 million barrels of oil, or 300,000 barrels a day, each for 2020 and 2021…”
Commodity Research Group (CRG), founded by veteran analyst Edward Meir, is an independent research consultancy specializing in base and precious metals, as well energy products. The Group provides research and general price analysis for these markets, along with advice to companies seeking to construct commodity hedging strategies.
Our associates bring decades of experience to the table, as they seek to help our clients understand the markets. CRG will distill the myriad of pricing variables mentioned above into coherent research that is to-the-point and tailored to a clients hedging or pricing needs. In addition, CRG is available for consulting assignments and speaking engagements. CRG does not manage money or trade for itself.
Leave a Reply