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Is it Time to Short Oil?

March 9, 2022March 9, 2022 by jerry
Bubble project fit to screen!

Entered a high probability trade against Oil using the USO ETF as my vehicle for shorting. Sell a April 14th, 105 call and purchase a April 14th 110 call for a $54 credit. It has a 76% chance of making 22$, with a max loss of $446. 3/9/22 Update – Yes, I think it was … Read more

Categories Hot Trades, Investing Tags bearish, calls, contrarian, Oil, options, uso, vertical, vertical spread Leave a comment

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