RE:RE:RE:RE:RE:RE:Oil up 2.75% approaching $73
even though we Have over 50k shares and lots of warrants my hope is that it drops hard to $10 or less, hopefully the rapid rise, weak short term media indices longs , and some oil bearishness added to the constant Conoco selling will create a nice bear environment.
If that happens then time to sell puts , and put on risk reversal spreads.
If it keeps going up, just watch our equity grow
To summarize ,doesn't matter what happens