**If this trade looks familiar it’s because I ran almost the exact same trade last month.** In the Middle of April I bought 1,000 barrels for $96 and end of April sold for $126 after my wife’s loud flatulence woke me at 12:22 in the morning to a huge price gap up.
**Well Taco has tanked the market again** and so this morning I bought back at a $96.73 cost basis. The crisis is worse than ever and somehow barrels are below $100. 🤔
A single tweet could delete 5-10k overnight, but these barrels are financially settled against physical barrels for a June Delivery. The chances of making a profit are fairly good.
**Positions and disclosure**: I am a retail trader and not a financial or oil professional. My research is mostly based on my instincts and my wife’s gut.
BFLO-Retail