February 17, 2016  Trade Alert -  Black Gold  Portfolio

We need to roll these over to avoid the possibility of assignment:

 

BTC 7 USO Feb-16 7.5 calls (USO160219C7.5)
STO 7 USO Mar2-16 8 calls (USO160311C8) for a debit of $.22  (selling a diagonal)

Be prepared to change this price limit by $.05 or more in order to get an execution. 

 
Happy trading.

 

Terry