BUY APA/ 9/15/23 43 CALLS
Apache corp is getting drilled today (pardon the pun) with the rest of the oil services sector. This stock is down a market leading 5 days in a row, and near a massive support level of 42.63 according to my StockstoTrade levels indicator. With Oil still at or near recent highs, I’m looking for another panic squeeze in the commodity to set Oil stocks on fire- which have lagged the commodity big time. I suspect fund managers are issuing Burn Notices on APA today as a reaction to TSLA driverless car speculation and hysteria. 1 Star trade last half hour.
