CL Redux

What was with that bizarre price spike just before the claims news?


(OK, OK, I know the answer: Buyers )

 

Looking for some upside at the open or shortly after if we pop down one more time.

 

phew and there I was thinking it was a bug in the graph software

 

To me it looked like they were sweeping bracketed entry stops.

 

long 73.80

 

exit 74.10

 

76 put closed at 3.50 and 77 closed at 4.10 could have got better fills on both those but I'm happy. Now very slightly net long with 2 qms way under water and a nov 77 put which I don't mind holding. Waiting to see if support at S1 holds up.

 

Closing 1 of the QMs here at 74.15. Delta = - 80

 

long 74.53, will add

 

add .39