BP put sale again?

Similar to rig, "we've done this before."

I don't mind owning shares. Even with 10 contracts, you will not get rich quick with this trade or this strategy. Buy low sell high.. if coming into Mid Dec I can buy this back for less than .15 I prob would... we will see how OPEC turns out.
Comment: Buying this put sale back for .10 (locking in .17 of a gain and selling the $32 for .21 cents.
Thanks for helping us Enrich Lives!
BP approaching the down trendline.....Now, does OPEC come to more help, or the USD comes to help to move this up further, or does it correct from here. We have to wait to see.
+1 Reply
With a day like today it is worth doing Put Sells, Call Buys and then having the patience to hold, like you said.
+1 Reply
@kenny1924, YEs sir! Exactly!
Perfect trade.....I am doing this in BP as well as buying LEAPS on it now that 2019 LEAPS are out now. OPEC or USD, it does not matter, this commodity cannot stay under $50-$60 for too long. I am banking on it, but might be completely wrong about it. Just my 2 cents.
+1 Reply
@kenny1924, Looks like we're doing well on it SO FAR.. :-)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out