!! Initiating Vertical Spread #2 !!

This oil sector spread is the second of the day!

**UPDATE - after market open I was filled as low as $1.35 for DCA of $1.375.

In a very similar situation to the Barrick setup, I’m shopping FRO 0.00%↑ option spread play. Here we are looking for a pullback to the trendline breakout from last week. I plan to run tighter stops in the short term as evidenced by the lower red polygon. I expect a pullback to $19 are…