Given the current strength in crude price, I'm surprised this is...

Given the current strength in crude price, I'm surprised this is only up 0.19.

The recent 3 weeks has seen a good test of support at 28.50 with a nice distribution pattern forming.

Think with the volatility recently in the US markets, there are many retail holders on the side lines.

Today the stock finished near its high, forming a nice bullish candle (hammer).

Should see a continuation tomorrow with a test of $30.00

I'm currently short puts, long calls and see significant upside given the recent oil price rise.

Cheers Lute