RE: RE: StrengthIAE has been successful with hedges in the past so I see no reason why they will not execute this strategy again on a limited bopd.
That said, $90 is a fair ways from where we are now, although I expect PoO to test $88 in the next few weeks.
I'm not too concerned if they don't hedge now, it was a good strategy during the worst of 2009 but not so important now IMO.
COOP