XelaR

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    • Thu Apr 10th 06:05 AM | Rating: 0 0
      Commented on:
      Inverse Oil ETF Plunges 26%: What Gives?
      Thanks from me too, Mose. You only need the 120 calls if you think crude will spike suddenly: if it goes up slowly, the trigger event occurs and all you need to worry about is the price of crude falling until the distribution date: you can buy back the USOs as soon as the event is triggered. Then you buy puts on USO to protect your gains.
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