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Yes, Bullish and yes 50cps would be a bitter pill to swallow -...

  1. cmonaussie
    10,873 Posts.
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    02/02/15
    17:04
    Post #: 14683939
    Yes, Bullish and yes 50cps would be a bitter pill to swallow - especially given that TAP modeled it all on US$80 - US$100 oil price.

    Well why the blooming heck (picture of that cranky old guy on motorcross bike crashing) didn't you hedge by selling $100 Calls (capping upside at $100) and selling $80 Puts (and capping downside at $80). Then you would have stable cash flow!!!!
    TAP Price at posting: 36.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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