$OXY: Monthly signal in oil active...
I scooped some long term OTM calls here, gives me 10.5% notional exposure to oil via 
OXY, risking 1% of my portfolio if the trade fails.
Seems like a good way to be exposed to the big and steady trend in oil, I have already banked my other energy positions and oil futures options, this is a good way to stay exposed with minimal risk (since the weekly oil target was already reached, but monthly has a lot of room and time to go)
Cheers!
Best of luck,
Ivan.
OXY, risking 1% of my portfolio if the trade fails.Seems like a good way to be exposed to the big and steady trend in oil, I have already banked my other energy positions and oil futures options, this is a good way to stay exposed with minimal risk (since the weekly oil target was already reached, but monthly has a lot of room and time to go)
Cheers!
Best of luck,
Ivan.
Trade chiuso: stop raggiunto
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🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.