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Wednesday, April 24, 2024

Comment by learner

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  1. learner

    Phil,   

    Toughest lesson that I am learning right now with my VLO butterfly: Patience. 

    I have a short $87.50 March 18 call and VLO keeps going up.   

    Just worried I am going to get allocated again!.

    Hope this reverses soon after its Jan 29 earnings. 

    Oil rig count increases, relief of Iran sanctions, Gasoline inventory builds 

    – Nothing is stopping this refiner!!!.  up 60% in 6 months ….a refiner??? 

    But.. I am staying put !  For god, country, PSW and my account.! 



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