mark: +$620
running bal: $3069
OK made half the target on this. Even though oil popped below $60 today, and open interest is very low generally, it found more strength in reaction to the market's positive reaction to the consumer confidence. That in combination with the OPEC meet in a couple of days, if they cut production we could hit 70 soon blah blah which would mean an adjustment of this trade anyway. So seemed more prudent to take half now, take the risk off the table, and see what happens over next week or so then take a view on the next position on oil.
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