Timely post Captain. I need to close my STO May Puts that expire next week. I was about to exit before close today but not on a 6% spike. I'll see tommorrow if it let's me out with something. I agree with your view on Oil but time is against me.
I'll cop a loss here but look to reset the short once this current move is done. Hard to believe the oil rally is sustainable.
I'll have a look at SRX when home tonight.
The Big Boys, page-602
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