From everything I'm reading, oil is going to go up, soon. This winter time-frame. Right now, I feel oil is at a medium-term low. I want to capitalize on that.

What I would ideally like is to buy options for oil, say, a call, at $80/barrel light sweet crude, for next April. On what market, and through what firm would I do that? I guess what I';m saying is, I understand and have experience with stocks, but not with commodities.

Thanks.

You can buy call options on CL at nymex. You'll have to find a commodities broker though - preferably not Refco related.

Thanks timbo. Several questions:

1. How liquid are these options, relative to, say, options on alarge cap stock?

2. Can you or anyone else recommend a good commodites broker? I was thinking about http://www.expressfutures.com . Does anyone here have experience with them? I don't see their fees listed, which was one thing I didn't like, but they do offer real-time quotes.

Thanks.

You'll be able to get in and out all day long. I would be more concerned about your strike preference.

The google gods have spoken. Search again.

Well, that was just a hypothetical price and date. Though I am curious as to why you think that specifically is not good.

It's difficult to win the directional game with DOTM options.

Options are definitely a risky bet, and $80 next April I would advise against. If we're lucky it will get to 90 or 95 at lowest.

Renewable energy is the way to go these days if you want to be PC. Solar, wind, geothermal and biofuels are big now.

Talking of liquid gold, buddy you better be careful here. It seems that you are finding easy in investing here but the case is not always the same though it's considered as liquid gold but it not cause it's price per barrel also fluctuate so don't be to hasty gather more information and than come to play.

You need to have a details and more clear knowledge about his types of options. Addition to this you need to have a mentor or kinda investment guru who will assists you in making decision.