Last time we got bored we shorted oil for a few days, remember UNAPI! (70%+ profit :-) ... We must be bored again. Shorting coal stocks? ... wish us luck. this "trade" is our "fuck us, how did we miss this coal run" ... revenge energy hedge!
POTP Logic = Short two $110 coal stocks (YZC & PCX), if our energy stocks go down, these should go down too ... thus making some money while losing some. hedge on!
p.s. JRCC & ANR have actually performed best over the past 3 months. If coal does dip, we might buy. How's that for a trade? short YZC & PCX for a few days, then with the profits buy JRCC & ANR on the dip.
5 comments:
BOTD RECO'd SNCR about a week ago I recall.
FYI: Appears to be unusual options activity on the June 15C today...
Nice!.... Thanks for the heads up... SNCR has been a nice play so far. Insider buying and unusual option activity!
P.s. Two letters = H K
Ouch! PCX up 10% today. Do you still recommend shorting?
WHQ has "unusual options activity"
Looks like it's gonna jump!
WHQ looks strong.
should break $88+
good luck.
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