Short Oil

٣١ يناير ٢٠٢٢

Oil going to test recent highs after bearish divergence. Travel picking up after covid restrictions relax.

Not professional. Comment your ideas please.

٣١ يناير ٢٠٢٢

تم فتح الصفقة

Possible H&S forming, currently in downslope of head.

70 strike put Exxon weekly -> roll to March monthly when oil reaches around 85, selling weekly Feb put to offset.

٣١ يناير ٢٠٢٢

ملاحظة

Sorry I did not finish that thought. As travel picks up world oil producers will want to take advantage of these higher prices and kick on their supply. The cure to higher prices is higher prices.

٣ فبراير ٢٠٢٢

تم فتح الصفقة

rolling into March monthly 75 put

٣ فبراير ٢٠٢٢

ملاحظة

selling Feb 70 puts
calendar spread total debit = 1.45

٢٧ فبراير ٢٠٢٢

أغلقت الصفقة: تم الوصول لوقف الخسارة

Just Wrong.