I went heavier into SU calls today, farther out and upBullSprig07 said:BullSprig07 said:
$SU Suncor, Canadian oil co.
Took a small position in the 22.5 June 18 call yesterday morning and it is making me look way smarter than I am.$SU volume growing daily and breaking out from Model T consolidation midway back up from low to high. I think it runs to $28
— 2021 Opportunity Stocks Knock (@oldarmy1) June 2, 2021
- options still look super cheap to me
- talk of crude hitting $80 in the near future (pent up travel demand, and supply still down)
- still a lot of room to run to it's pre-covid level
- let me know if I'm missing something here
Water Turkey07