ERX call options did good last week if
bot on right day, but, they moved opposite
of what I was expecting on Friday...
Most of the big names went ex-dividend
last week on different days,
which lowers the ERX value as it lowers
company share prices...
ERX put buying will be a watch for next
week if I can catch a high point for
ERX to enter any puts...
Brave would be what it would be...
But only with a short leash in mind...
Losses Friday are like the water in the
small stream that flows by and is
already out of sight...
They want suckers to over spend for
holidays and will keep gas prices lower
than normal...
And folks owning oil stocks think the
companies may not be getting the
current oil prices because gas is so
cheap and value the oils lower...
Poots bot on daily rally highs are
likely the right idea, but with only
about daily holds at the longest...
A pm buy to a next am sell is what
is a daily hold to me, and it's settled...
They want retail to sell calls on the
Small oils as cheap as they are so they
can run the prices back up...
Hourly time frames are max for selling
any calls on Small oils now...
Doesn't matter if they drop the bottom
out of prices even more when they are
selling below fair value already...
Did Short time frame register?...
So we watch...LJ
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