USO

I was asked if I would still buy the USO call this morning, or you could buy a leveraged ETF/ETN like UCO or Velocity Shares has some ETFs as well.

I do still like it, although I'd prefer to wait for a pullback, some accumulation and then enter a call position there, if it were en equity/ETF, the timing would still be good, but not as important. I think if the $USD strengthens to help the USD/JPY and the market, that will give you a chance hopefully with ?USO calls if you are interested.