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Web Extra: The Next Plays For Oil

With oil closing below $70 today, oil equities also experienced losses on the day and Tim Seymour and Karen Finerman break down the outlook for the profitable commodity.

This content is only available online - you won't find these trades on TV.






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Trader disclosure: On Aug. 10th, 2009, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders: Adami Owns (AGU), (C), (GS), (INTC), (MSFT), (NUE), (BTU); Najarian Owns (C) Calls, Owns (CSCO) And Is Short (CSCO) Calls, Owns (FCX), Is Short (FCX) Calls, Owns (FCX) Puts; Owns (GS), Is Short (GS) Calls, Owns (GS) Puts; Owns (INTC) And Is Short (INTC) Calls; Owns (JPM) And Is Short (JPM) Calls; Owns (MCD) Call Spread; Owns (MS) And Is Short (MS) Calls

Najarian Owns (MSFT) And Is Short (MSFT) Calls; Owns (PALM) Call Spread; Owns (TCK) Call Spreads; Owns (TIBX) Calls; Owns (YHOO) Call Spread; Terranova Owns (AMZN), (MCD), (MSFT), Is Short (F), Terranova Works For (VRTS)

Terranova Is Chief Market Strategist Of Virtus Investment Partners, Ltd.
Terranova Is Co-Portfolio Manager Of The Virtus Diversifier PHOLIO

Virtus Diversifier PHOLIO Owns (IGE)
Virtus Diversifier PHOLIO Owns (DBC)
Virtus Diversifier PHOLIO Owns (DBV)

Virtus Investment Partners Owns More Than 1% Of (ABD)
Virtus Investment Partners Owns More Than 1% Of (CAL)
Virtus Investment Partners Owns More Than 1% Of (DLR)
Virtus Investment Partners Owns More Than 1% Of (EXR)
Virtus Investment Partners Owns More Than 1% Of (IGE)
Virtus Investment Partners Owns More Than 1% Of (DBC)
Virtus Investment Partners Owns More Than 1% Of (DBV)
Virtus Investment Partners Owns More Than 1% Of (SKT)
Virtus Investment Partners Owns More Than 1% Of (TNB)
Virtus Investment Partners Owns More Than 1% Of (UA)
Virtus Investment Partners Owns More Than 1% Of (CLB)

Narang's Fund Is Short (NYX) And Is Long (NYX) Calls And Puts
Narang's Fund Owns (NDAQ) And Is Long (NDAQ) Calls And Puts
Narang's Fund Is Short (GS) And Is Short (GS) Calls And Puts

Stutland Is Short (EEM) Puts

Symbol
Price
 
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SLB
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