Long

BP popped up from double bottom and MACD divergence

Updated

Watched this one the other day and when prices kept falling even with divergence up in place we put it the watch list. Gapping up today so hard to get in on options. But June 21 40.5 calls at .65c for a quick run up only 3 days until expiration.

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up about 15% so far looking to exit if we get over 41.3 or below 40.9

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out at .80 after commission its a $100 I'm good with that

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if you'd stayed in for this mornings move the option hit 1.54

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and if you're still in this for expiration today its at $2.17 more than 300% up

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