Baytex Energy Corp T.BTE

Alternate Symbol(s): BTE

Energy Oil & Gas E&P

Baytex Energy Corp. is a Canada-based energy company. The Company is engaged in the acquisition, development and production of crude oil and natural gas in the Western Canadian Sedimentary Basin and in the Eagle Ford in the United States. Its crude oil and natural gas operations are organized into three main operating areas: Light Oil USA (Eagle Ford), Light Oil Canada (Pembina Duvernay / Viking) and Heavy Oil Canada (Peace River / Peavine / Lloydminster). Its Eagle Ford assets are located in the core of the liquids-rich Eagle Ford shale in South Texas. The Eagle Ford shale covers approximately 269,000 gross acres of crude oil operations. Its Viking assets are located in the Dodsland area in southwest Saskatchewan and in the Esther area of southeastern Alberta. It also holds 100% working interest land position in the East Duvernay resource play in central Alberta.

TSX:BTE - Post by User

Baytex Energy Corp

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Comment by tvstockon Apr 27, 2017 2:51pm

40 Views

Post# 26175529

RE:RE:RE: Still considering, but ...

It's the bid-ask spread and a delta of less than 1 that kills. A spread of 15 cents with delta of 0.5 means that the undrlying stock has to move 30 cents for you to breakeven. For stocks flipping you can already pocket in the 30 cents as profit.

Options are not for flipping. There are MID term bets. The nice thing is that I don't expose too much on the table.

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