ramonbenavides12

USO setting up for a short or put

Short
AMEX:USO   United States Oil Fund
Technical show USO is moving lower. My plan is to short at current value with a Target 1 at 13.65.

I am using puts as follows. USO 17 Aug Put. My strike was at .15 per put.
Price is already up 20% on the day.

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