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Old 06-04-2008, 06:56 PM   #9 (permalink)
tjts1
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Join Date: Feb 2008
Location: california
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Quote:
Originally Posted by ebacherville View Post
yeah it always looks like leaglized gambling to me .. basically that what it is .. betting on the future price of something to turn a profit... not that thats bad.

Just like betting on the future outcome of a race horse.. for a profit..
If you think of it as gambling, you shouldn't get involved in it. You will lose money. I've been able to more than offset my entire gasoline use on USO options.
http://finance.yahoo.com/q/op?s=USO
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