OPENING: CL1! MAY 14TH 16 SHORT PUT Long

Description

⋅ Mar 18, 2020 10:56 PM

... for a 1.47 ($1470) credit.

Notes: With my short put spreads all but goners, looking to re-coup some on this massive sell-off, where -- in all likelihood -- the "risk" is to the upside. Scratch at 36.11. I'll slap my Grandma if /CL breaks below 16.00.

Laddering these out in time ... .

Comments

Tom1trader

⋅ Mar 20, 2020 7:31 PM

My son and I talk trading now and then; he has been wondering how to get a few barrels of the cheap oil to stick in his back yard! :-)

420snoop

⋅ Mar 18, 2020 10:57 PM

good luck to you and your grandpa

NaughtyPines

⋅ Mar 18, 2020 11:03 PM

@420snoop, I'd hate to have to slap her. Lol.