Oil/Craigs - Just the normal nonsense 10 days ahead of rollover.
ECA/BDC - I do like them better than CHK.
At $12 with Nat Gas on the rise, they are certainly worth a shot. We have a little UNG in the LTP (10 short 2017 $14 puts - still a good sale at $3) but there's room to add 10 short ECA 2017 $13 puts at $2.90 ($2,900) and buy 20 2017 $13/18 bull call spreads for $1.10 ($2,200) for a net $700 credit in $10,000 worth of longs. Plenty of room and time to adjust this one as time goes by.
I'm making that a Top Trade Alert and, if you are a Top Trade Alert Member - be sure to check out our June Review Here.


