Back on 27-December-2018, we discussed the price of oil and suggested investors sell a put spread, as we were looking for a bounce. Market psychology was looking pretty negative and all we read about was lower prices were dead ahead. We always have to remind ourselves that when everyone sits on one side of the boat, it is just a matter of time before investors run to the other side. The price of oil has been looking up lately and we thought this would be a good time to review the situation.
