Long-term call on oil. Thinks oil will go a little lower, so suggest that you Buy on weakness at $1.70 but you could buy at at the current level.

Strategy: Buy this and 1) Sell June $25 Calls @ $4.70 2) Sell June 25 Puts @ $5.70 for a net cost of $14.06. For selling the Call option you agree to sell the shares for $25. For selling the Put options you agree to buy more shares at $25. Only one of those options will have any value by June.If stock goes above $25 your return is $25 divided by your net cost of $14.06 giving a 74% return.If stock drops below $25, you have to buy another block of shares at $25 and the $25 plus the $14.06 net cost gives an average cost is $19.26, which is a very good investment.Stock also has a 6% dividend.

Strategy: Buy this ($44.13?) and 1) Sell Aug $46 Calls @ $9.10 2) Sell Aug $46 Puts @ $10.70 for a net cost of $24.33. For selling the Call option you agree to sell the shares for $46. For selling the Put options you agree to buy more shares at $46. Only one of those options will have any value in August.If stock is above $46 your return is $46 divided by your net cost of $24.33 giving an 81% return.If stock is below $46, you have to buy another block of shares at $46. The $46 plus the $24.33 net cost, your average cost is $34.23, which is a very good investment.