Tuesday Trade: USO

Trade: sell to open 10 USO Jan 2021 1.5 puts at $.51 For USO I have to be willing to put a little leg out to get what I want done.  I am eventually going to put on a risk reversal or a bull trade in USO, but with IV off the charts, I am […]

Where Are We At?

Trade:  buy to open 3 ZM May 130 put for $10.50, Sell to open 6 ZM May 115 put at $5.10, buy to open 3 ZM May 100 put for $2.20, pay total $2.50 Markets are marginally positive today.  This would make 4 days of buying in the last 5 days,  which sounds like a…