$BOIL

14583 $BOIL Mar23 10th 6.0 Calls $0.50 (CboeTheo=0.46) ASKSIDE BOX 7 IV=154.0% -5.4 EMLD 82 x $0.45 - $0.50 x 1776 EMLD FLOOR - OPENING Vol=17k, OI=3362,

By Jeslyn Lerh SINGAPORE (Reuters) -Oil prices dipped on Thursday as surging COVID-19 cases in China dimmed hopes of a recovery in fuel demand for the world's largest crude oil importer. Brent futures for February fell 79 cents, or 1.0%, to $82.47 a barrel by 0730 GMT, while U.S. crude fell 80 cents, or 1.0%, to $78.16 a barrel. The scale of the latest outbreak and doubts over official data prompted some countries to enact new travel rules on Chinese visitors, even as China began dismantling the world's strictest COVID regime of lockdowns and testing. "The lack of clarity over the virus situation in China has prompted some new travel rules from various countries, which could serve as some dampener for previous optimism," said Jun Rong Yeap, market strategist at IG. "Heading into 2023, there are chances for oil prices to rebound but it will still boil down to the pace of China's reopening, and whether market participants have priced for the growth risks as a trade-off to tighter central bank policies," he added. Oil markets were also buffeted by expectations of another U.S. interest rate increase in the United States, as the Federal Reserve tries to limit price rises in a tight labour market. U.S. crude oil inventories fell less than expected, by about 1.3 million barrels, in the week ended Dec. 23, according to market sources citing American Petroleum Institute figures. That compared with estimates for a draw of 1.5 million barrels, according to analysts' estimates. The U.S. government will release its weekly figures at 10:30 a.m. EST (1530 GMT) on Thursday. Also weighing on prices, pipeline operator TC Energy (NYSE:TRP) said it was working to restart the portion of the Keystone pipeline that was shut down after a leak this month. However, that comes as an Arctic freeze has forced some oil refining facilities offline, backing up crude supplies. Oil refiners continued to ramp up operations, but some of the recovery is expected to extend to January. Markets, however, drew some support from Russian President Vladimir Putin's ban on exports of crude oil and oil products from Feb. 1 for five months to nations that abide by a Western price cap. Germany said the ban has "no practical significance" as the country has been working since spring to replace Russian oil supplies and ensure security of supply.

$BOIL so low east cost is freezing

Did some bottom fishing on $BOIL today as well, will see if it works out

long on $TAL and $BOIL cold weather

$BOIL is crash today

Good morning $BOIL keep going higher

Slight draw in NG inventory, price trickling higher, exited $BOIL ahead of inventory release to book the gain and avoid a negative reaction.

$BOIL continues going higher

Closing $BOIL ahead of NG inventory, just under $4/sh

$BOIL nice recovery

$BOIL shares

Might be crazy, but I longed some $BOIL at this breakdown. Bottom fishing for sure and has risk of further downside.

$BOIL with a morning gap fill, now to see if it can breakout or if it rolls over

$BOIL and NG down big, NatGas down 8% this morning, huge move

$BOIL peeked above $60 this morning

Just normal Nat Gas price volatility lately > @EricV said: $BOIL is up why?

$BOIL is up why?

Might be able to get another bite on $BOIL yet this morning

$BOIL stopped out for just under 3% on shares

$BOIL stop in the money now

Picked up some $BOIL for a day trade here

$BOIL back down to support level premarket

$boil is boiling lol

on not trading $BOIL

I thought you nixed trading boil?

$BOIL bouncing

$BOIL looking attractive again at 35.80 premarket

$BOIL gave up all its morning jump, it was up 15% earlier.

not trading $BOIL anymore.....got a lots of K-1s.....more pain on tax filing......

Little over $2/sh on $BOIL trade

$BOIL dropped $8 from HOD

Trying $BOIL for the third trip today

interesting volume in $BOIL nice r/r here

Long some $BOIL shares

yes miss the opportunity > @thegiz18 said: $BOIL pushing for $40, was under $32 yesterday morning

$BOIL pushing for $40, was under $32 yesterday morning

If $BOIL price moves against you, the closer to the money loses value more quickly as well, so higher risk goes with the higher reward. About 32% vs 26% using the 60 and 50 strike examples. Another way to play it is with spreads, you can get $10 spreads for $1-$1.50 max risk for 800% potential returns. Because of the high ATR nature of this ticker, you won't see huge gains until time starts running out, or it goes well into the money.

I like closer to the money options, $45 or $50 looks better for my trading style > @EricV said: look into $BOIL Nov18 60C

look into $BOIL Nov18 60C

/NG, $UNG, $BOIL nice bounce off lows, will see if just a dead cat or if it has a new life

Long $BOIL at 43.89, stop below todays low

quick $2 in $BOIL premarket

$BOIL filled the gap and then some

i have s mall bouncer on UNG the boil is too amped for my system

$BOIL trying to fill this mornings down gap > @thegiz18 said: $BOIL could be a nice entry here at $53

$BOIL could be a nice entry here at $53

$BOIL keep going higher