I always knew you wanted to hold C'mon but be prepared for a...

I always knew you wanted to hold C'mon but be prepared for a very long frustrating experience if your as undisciplined as me

Thanks for explaining the hedge and does the following statement mean the hedge is already in profit by a net $800K if it was liquidated due to the drop in oil price over the last week ?..."The net value, after deferred premiums of the hedge portfolio at April 4, 2016, was approximately $0.8 million."

Also, what is the index price you refer too in your following statement.. "4. If oil trades above $41.50 but below $63/Bbl then SSN will realize the index price."