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[littlejohn]

Took the profit from 2 to 2.50 on VTLE

options at 50 for 04/21 on Thursday

that were bot on Wednesday...

closed below 2 due to late day

sellers exiting for weekend...

Bull trend still looks in play...

here is why sold, also...

ERX options at 65 that were sold

Wednesday on .50 gain for the 04/14

date, dropped .60 today from the

Late Wednesday sale...

Option price movement highlights why

so much activity is played for the

down moves in pricing where gravity

is in favor of down looking traders...

But this bull trend started in oil

doesn't appear a time to get caught

in calls sold short when prices can

take off upwards any given day...


So we watch...LJ