|Day Low/High||0.92 / 0.96|
|52 Wk Low/High||0.75 / 1.87|
He bought weak big-caps in 1939. You can do the same today with oil.
When a stock makes a large-percentage move, it is often just the start of a new major trend -- a trend that can lead to huge profits.
Bellatrix Exploration (BXE) stock is rising on Wednesday afternoon on mixed results from the 2015 fourth quarter and rallying oil prices.
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Investors in Bellatrix Exploration Ltd saw new options begin trading this week, for the March 2016 expiration. One of the key inputs that goes into the price an option buyer is willing to pay, is the time value, so with 225 days until expiration the newly trading contracts represent a potential opportunity for sellers of puts or calls to achieve a higher premium than would be available for the contracts with a closer expiration.