Share Buy Back x2As the third quarter comes to a close, I would like to see the company doubble the share buy backs. Currently they are buying back +- 200,000 shares per day. I would like to see them buying back 400,000 per day on any shares below book value.
Question?
I don't trade options currently the hedging is 45% of wti @
Swap $83.04
put $77.25
call $88.18
put $ 66.40
ceiling $88.12
It looks like trhe hedging is now in play. if WTI trades at $82.00 are CPG hedges " in the money"?
Cheers Matthew