A a529612 Apr 18, 2006 #1 Is anyone shorting OIH here? I sold Apr 160 call naked today. It has some resistance at 157. Don't think it will take out 160 by Fri close unless something blows up in Iran.
Is anyone shorting OIH here? I sold Apr 160 call naked today. It has some resistance at 157. Don't think it will take out 160 by Fri close unless something blows up in Iran.
J jsmooth Apr 18, 2006 #2 your only getting a 60cent premium...how many contracts are you selling? seems like a pretty risky trade in my opinion
your only getting a 60cent premium...how many contracts are you selling? seems like a pretty risky trade in my opinion
J jsmooth Apr 18, 2006 #4 I just sold my USO position at 70.70 few minutes ago. OIH: looks like that 157 resistance will be tested in these next 30 mins good luck
I just sold my USO position at 70.70 few minutes ago. OIH: looks like that 157 resistance will be tested in these next 30 mins good luck
A a529612 Apr 19, 2006 #5 Hugh ramp again. SLB and HAL reporting on Fri which accounts for 20% of the ETF.