new oil idea

Jan 5, 2017

the further out in time we go the smaller the spread between front and back, so thinking the front to out 6 months should narrow so going to take a position on that idea

Jan 5, 2017

Note

if long at $3 this trade already returning 10% ROI

Jan 5, 2017

Note

i took 9% roi on half and will keep holding the back half of the trade, not bad for a half day trade that took $1000, in buying power

Jan 6, 2017

Note

as of now a bit less than 24 hours after trade we are up 17%, will keep holding my breakeven is -3.09

Jan 11, 2017

Note

This idea played out again, and gave everyone how missed it the chance to get in. As of my last post I stated was holding trade, I went $10.00 negative, so back in profit looking to see if we can get a rip.

Jan 13, 2017

Note

now I am going to be moving the front out a month and add in a theta component so will post new chart and idea