Crude Oil | USO
Oil is in the news, and this is a commodity that provides opportunities for those with a high risk tolerance and some capital to commit. This article is for paid…
Office Hours
In this episode, Mike & I take a deep dive into OVX, the oil equivalent of the VIX. It is off the charts and presents a trading opportunity.
Fear in the Oil Markets | USO & OVX
There is panic in the oil markets. We do not see evidence of this panic in the cash or futures markets; we see it in the options market. This article…
Crude Oil | USO
The price of oil has been moving up over the last few days, and the financial media is getting more excited than a dog with two tails. This article is…
Crude Oil: USO
One of my students asked me if now was the time to buy oil. Is the price of oil going higher? Should I buy some for my investment portfolio? My…
Oil & Exxon Mobile (XOM)
The economy is on the mend, people's lives are returning to normal, and we are happy to see it. This article is for paid members - please login or subscribe…
Close a Few Trades, Take Some Profits
It is time to close a few trade suggestions as little juice is left to be squeezed out of the ideas. This article is for registered members - please login…
USO: A Crude Trade (erata)
In today’s Options Action episode, Mike discussed a “neutral trade” in USO, the ETF that seeks to track crude oil’s price performance.
Why Did Oil Futures Trade Negative?
Oil futures traded at a negative price yesterday. This has traders and market observers scratching their heads. Mike explains why this happened.
Options Expiration (20-Mar-2020)
Standard monthly options are set to expire this Friday. We have 11 open trade suggestions that have at least 1 leg of the trade structure coming due at the end…
Oil as the Contrarian Trade
Crude oil is sitting at a critical juncture now. Going into 2014, the world was in that "Peak Oil" mindset. People were under this fear that all the oil that…
Oil Update
The global economy is growing at a sub 2% rate. At the same time, there is a move to electric cars and away from gasoline-powered vehicles. So from a demand…