By SIMON CONSTABLE
Gasoline prices look set to trade in a sideways range over the summer, but there are profits to be made for investors willing to play the options market. The main caveat: It will require taking on significant risk by selling options rather than buying them.
Experts say gasoline prices won’t venture far from the recent active month futures of $1.50 a gallon on the CME. Few are expecting a return to the days of $3 or $4 a gallon fuel—and there seems little chance we’ll see $1 a gallon.
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