Oil has been in an intense rally in the past few days.
It has bounced off of its low of 45.49 and is now at 48.50 at the time I write this article!
Seems to have been predicted by quite a few people as the volume on option contracts were increased and bullish as of recent.
One stock in particular is EEP which is now trading at about 16$ has had a lot of bets on it reaching 22$...interesting
Bottom line, nice short term rally, hope you guys profited 💶💰
Thx Nigeria
-Luigi