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Robert Weinstein » Comments » ATW
More on ATW by Robert Weinstein
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Seven Ways to Play Both Oil Scenarios [View article]
I have been selling USO puts as of about two weeks ago as I feel oil is either at a bottom short term or reduction in pricing will slow down to the point that options will be profitable. So far so good as the USO 26 Jan puts I sold exp yesterday totally out of the money
I don't think oil cant continue down, I just don't think that oil will go down fast and/or stay down. At least not below 20 for any real length of time.