Seeking Alpha

  Statoil ASA (STO) - NYSE

  • Ricardo Espinosa | Send Message 15 Feb 2012

    STO 10 March AAPL 520/535 call spread for $6.8 credit each, puts are too expensive for me, gonna hold that one for a while.
    Reply (2)
    • Market Maven | Send Message 15 Feb 2012
      : hmmm - i like the trade, but only because of how it's shaped up technically for a pullback. I think now is a good time to hold that type
    • Ricardo Espinosa | Send Message 15 Feb 2012
      : Might be the trade of the week for me, might roll down when selling accelerates.
      STO vs. ETF Alternatives
      Company Description
      Statoil ASA is an integrated oil and gas company. It explores, produces, transports, refines, and markets petroleum and petroleum-derived products. It has operations in Norway, rest of Europe, and North America.