Statement regarding possible offer
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*NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN, INTO
OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE
RE...
Showing posts with label OVV. Show all posts
Showing posts with label OVV. Show all posts
2022-01-07
Energy Breakout
I'm still on the fence macrowise, but the chart says breakout. So, what do I do? Go back to the Taco. I feel more confident with natural gas because it has a history of bear market outperformance. I picked up 40 delta March calls at the $5 strike. Other natural gas charts to check out and consider are AR, RRC, OVV and CTRA, all in the U.S. I did buy a few calls on CTRA as well, but not a meaningful position.
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