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Bullboard - Stock Discussion Forum Baytex Energy Corp T.BTE

Alternate Symbol(s):  BTE

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... see more

TSX:BTE - Post Discussion

Baytex Energy Corp > Reply to poster "Colbalt"
View:
Post by Leewardcape on Apr 21, 2022 4:24pm

Reply to poster "Colbalt"

So you set your trades and see if you get filled...so Monday afternoon I set two trades: one of 48 contracts @.08, because I hold 4800 shares, I offered all of them to be called away from me if the price is 7.01 or higher...this offer by me expires at the end of Monday....so the computer filled the order, and after costs, $314 was credited to my account,.....but the option itself expires tomorrow...if BTE does not close @ 7.01 or higher, I keep t he e $314...the other trade was my 1000 shares of CPG...I sold 10 contract s. @ 0.19 expiring on Friday as well ..the strike price is 10.00 even...looks like I stand to pocket $482 by the close tomorrow...we shall see...but the decision s were made by the TA of the current situation...which I hope you appreciate!
Comment by Cobalt on Apr 21, 2022 4:44pm
I do my TA was caling a pull back + NG 2 most overbought in 2 decades thats why i posted "Still holding BTE for now took 1/2 my positions off , Nat Gas names blew them out who says you cant sell a top. (short term , maybe months)" Nice calls gratz
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