I'm going to try out a very speculative size position in USO Aug 21 $17 calls for a VERY short term bounce. I believe USO has some pretty significant downside to go and I'd love to see this bounce work out and fill the recent gap, at which point I think it will make for a nice short/put trade.
Again, this is speculative in size as we have 2 inventory data releases tomorrow and Wednesday.
Charts to follow.
5 years ago
No comments:
Post a Comment