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Reallifetrading
Sep 14, 2016 9:46 PM
COP bear call spread
Short
NYSE:COP
1D
ConocoPhillips
NYSE
Description
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Sep 14, 2016 9:46 PM
$38.75 is a decent support also. Might bounce there. If it doesn't, could be some fun bearish edge coming up.
COP
bearcallspread
creditspread
Comments
Reallifetrading
⋅
Sep 29, 2016 9:27 PM
Bear call spread is losing money now. The stock is AT the resistance. Could retrace more... but due to volume and size of candles AND the fact that we have over 3+ weeks to expiration, planning to unravel 44/45 bcs on the pull back.
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