Barron's article on oil hedging: It's Time to Hedge or Sell

Barron's, the American weekly magazine published by Dow Jones & Company, has a great article titled "Oil Prices Are Soaring. It's Time to Hedge or Sell" and it has some good advice:

"For traders, he recommends buying what he calls "cheap" put options, which would protect gains on long positions or profit from future declines. Most readers aren't futures traders, but for those who have participated in advance in energy-related stocks, he also agrees with the suggestion of selling call options against their positions to earn extra premium income"

Full article is here (or behind the paywall here)