I have taken half the OIH trade (calls – bullish position) off the table. It was a very good trade, and it may have more to run, but today's nearly 6% pop is bumping up against a possible resistance zone, so I'd rather bank some profit now.
I have taken half the OIH trade (calls – bullish position) off the table. It was a very good trade, and it may have more to run, but today's nearly 6% pop is bumping up against a possible resistance zone, so I'd rather bank some profit now.