Here’s how bearish some traders are getting on oil these days. Even before Nymex WTI crude futures on Monday dipped below $50 a barrel in the latest stage of the crude rout, Stephen Schork, editor of the widely followed Schork Report, took note of trading in well out-of-the-money put options (puts give you the right, but not the obligation, to sell the underlying futures contract at a specific strike price).Unsurprisingly, open interest (the number of open contracts) in $50 strike-price puts on the February WTI futures contract CLG5, +0.22% had risen to 22,537 as of Friday’s close from 193 contracts at the beginning ... (full story)