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Oct 4, 2019 5:19 PM

Modest double bottom with upside divergence on OIH Long

VanEck Oil Services ETFArca

Description

Modest double bottom with upside divergence on OIH bought some 11.5 puts that expire oct 11 for 11c.

Comment

holding this one for now was doing ok this morning but faded late. now at 7c if we hit 5c i'll bail tm

Comment

bailed half at 5c for 55% loss kept half running

Comment

times up today on these options exiting at .06 for 50% loss
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