Wouldn't a CR be potentially a good thing even if inital reaction is to move towards placement price and likely to attract support for SP from those with medium term view on underlining crude/gas prices?
Asymeterical risk building here IMO with => 2.67:1...usually like it better when there is at least 3:1 in it but still looks reasonable punt
Downside $2.80 (-0.60) versus Upside $5 (+$1.60)
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$6.84 |
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Open | High | Low | Value | Volume |
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---|---|---|
2 | 5564 | $6.83 |
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Price($) | Vol. | No. |
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9 | 36008 | 6.820 |
6 | 16560 | 6.810 |
21 | 142051 | 6.800 |
8 | 15745 | 6.790 |
Price($) | Vol. | No. |
---|---|---|
6.850 | 100 | 1 |
6.860 | 6455 | 2 |
6.880 | 2180 | 2 |
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