Short
Updated

Another Hit for Oil & Gas - APC Short Oportunity

330
The Norway Goverment Pension Fund is going to liquidate some Oil & Gas positions. Top 10 Holdings include XOM CVX COP EOG SLB OXY $NYSE:MRO PSX VLO and $NYSE:APC.

$NYSE:APC was the worst performer of 2018

snapshot


The Fund holds about 2 % of Shares, and want to liquidate. If $40.50 breaks down, Technically the stock is in big trouble.
Trade closed: stop reached
Accumulation around 44-47 forced me to buy some calls, glad i bought them when acquisition went public.

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