OIL…April expires Friday the 20th. At his point it would be hard to imagine customers taking delivery of contracts with storage so tight.

Hitting the high 30’s by Friday seems feasible. On the next 80 cent rally I’ll be looking at adding

the 3/27/15 16 or 15.50 USO puts for month (QTR) end trade.

Biotech…has been a big opening range trade today.

JUNO reports earnings tomorrow.The 3/20/15 55 calls (the weekly expiration) are worth a look on a pullback

today, however looking at the price action of the past 45 minutes I’m not the only one with that idea.