Energy - COP pent up energy

Discussion in 'Stocks' started by FDate_Trader, Mar 11, 2024.

  1. Weekly momentum gaining strength along with Daily bullish accumulation looks promising for a BUY.

    To capitalize, I like to go out to the Apr26 options, grabbing deep ITM 101 calls requiring no more than 1% of cost for time value (Theta). This helps remove the concern about the stock having to move fast in order to offset time decay and provides holdability.

    JMHO - Rick