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Kunst's
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fxtrader07: I bought DCR at $0.91 on 5/22. I closed at $1.25 today (5/29). Yes it is going to die on June 25, but it is still being traded. It has a non-zero value then if oil is below $120, not $111. Yes, it is essentially a short-term put on oil. I have stop losses in place and I think there is considerable upside potential.
May 30 02:37 am
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All Comments by Kunst »Oil Stock ETFs See Reversal on Big Volume [View article]