Trade Notes: $CHK 3-18-2016

Notes:

2016-03-18 08:48 – Long $CHK 1/2 size, add to winner, sell at $5.10’s watch with $WLL and $OIL, consider adding above $5.50. Risking 20 cents or so to make $1+ on a squeeze.

2016-03-18 09:54 – Probably gave a little too much room, but pushing for highs. Risking 20 cents to make 60+ cents over $6.00

2016-03-18 10:26 – Sold at $5.00 again probably too much room, but $WLL cracking and Oil pulling. More or less followed my plan, little slip on the stop though.

2 thoughts on “Trade Notes: $CHK 3-18-2016”

  1. I was watching CHK and Oil prices this morning too, bought at 4.86 and sold at 4.98. Wanted it to hit 5.20.

    Made an extra 100 bucks… guess I can’t complain too much.

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