RE:RE:RE:POU Still TankingJust trying to understand pair trading strategy. If the people that make them are that sure of their picks why not go with the biggest payoff. Buying any oils in a down trend market is like throwing away money to buy insurance. Wouldn't buying some PUTs on some oillies have been cheaper in you waned insurance?
I don't own POU right now but traded it when it was much higher with mixed results. I ended up in the red and that's why I stopped trading it. There seemed to be no bottom. I am not sure what large downsides you saw to make it such a sure short but I certainly did not see it (other than it was trading at a real premium which is why I did not start trading it until ithe price had cmoe off a lot).
JFF7