Shorts and those buying Puts are feeling the pain! Keep giving me free money! I should easily be able to take another few hundred thousand dollars from you next week too. Contango is like the tooth fairy it just doesn't exist!
what March puts are you selling now? The April $55 calls are around $1. getting rich on selling a contract for $100 takes thousands of contracts to make any money,and than you have to meet all the special margin requirements for naked puts/calls depending on your brokerage.