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Will Light Sweet Crude Oil trade below $112.50 / barrel on the NYMEX this week (April 28th-May 2nd)?

Settled as Yes

http://www.nymex.com/lsco_fut_cso.aspx

Background:

This question asks, Will the price of oil being traded on the New York Mercantile Exchange, at any point DURING REGULAR TRADING trade below $112.50 / barrel this week (28th-2nd)? This does NOT include pre-market trade, nor after market hours trade. This asks if between the OPEN of trading and the CLOSE of trading of any day during this week (28th-2nd), will Light Sweet Crude Oil (aka Oil to the lay person), trade for even one trade below $112.50 intraday during the week of April 28th to May 2nd, 2008?


Settlement details: As reported by a major mainstream news source.

 
Forecast history, %
   Zoom in

Settled

Yes
16%
No
84%
Activity: H$33,507
Settled as Yes on Thu 1st May 9:11am PDT

Suspend date: Fri 2nd May 12:55am PDT Settlement date: Thu 1st May 9:11am PDT

Initial likelihoods: Yes: 45%

Action history:

Created Fri 25th Apr 6:04pm PDT by lucidstates
Settlement requested Thu 1st May 8:26am PDT by end_in_sight: see http://www.nymex.com/lsco_fut_cso.aspx
Settled as 'Yes' Thu 1st May 9:11am PDT by andrew: http://www.nymex.com/lsco_fut_cso.aspx

Suspend date: Fri 2nd May 12:55am PDT Settlement date: Thu 1st May 9:11am PDT
more info...

 

Predictions (38)

38 predictions

30 weeks ago
crowe predicted Yes (H$5 at 16%)
30 weeks ago
vi_dream predicted Yes (H$50 at 16%)
30 weeks ago
julemilie predicted No (H$20 at 84%)
30 weeks ago
end_in_sight predicted Yes (H$500 at 14%)
31 weeks ago
end_in_sight predicted Yes (H$100 at 11%)
more

Comments (5)

I just bet, YES, hehehe, stupid? Probably, but I was greedy, hehe, $100 pays over $600 so yeah, might as well take a risk :-D
posted 31 weeks ago
Okay so I got out of that one, haha
posted 31 weeks ago
  3 gotmick
Ugh. Good for my wallet, bad for my HubDub dollars. Lucid, should have kept your bet!
posted 30 weeks ago
DUDE I'm an idiot!!!!!!!!!!!! Hahaha ... Wow what a shocker this one was huh?
posted 30 weeks ago
I need a shot :-P
posted 30 weeks ago

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