I expected the USO call opened Friday to be a short term trade as in what we saw today, I'm also looking for a new entry for the USO put closed last week at a +45% gain.
Right now I'm willing to go with a half size position (for risk management purposes) with a USO July 17th Put. If the signals improve a bit more, I'd fill out the position to full size.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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