Crude Oil Futures (Feb 2017)
Largo
Actualizado

new oil idea

197
the further out in time we go the smaller the spread between front and back, so thinking the front to out 6 months should narrow so going to take a position on that idea
Nota
if long at $3 this trade already returning 10% ROI
Nota
i took 9% roi on half and will keep holding the back half of the trade, not bad for a half day trade that took $1000, in buying power
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as of now a bit less than 24 hours after trade we are up 17%, will keep holding my breakeven is -3.09
Nota
This idea played out again, and gave everyone how missed it the chance to get in. As of my last post I stated was holding trade, I went $10.00 negative, so back in profit looking to see if we can get a rip.
Nota
now I am going to be moving the front out a month and add in a theta component so will post new chart and idea

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