Tag: vertical spread

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 “Is it Time to Short Oil?” »