Vista Energy has been in a bullish channel since Sep 2022. Currently up 177% YoY. Expecting a pull back to 28 as it has hit the top of the channel.
Trade idea: Nov 15 30P 1.80
If 28 hits, that will net over 100% profit (31-28=3x.63 delta=1.89)
Earnings are Oct 24. Will close trade before then.
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