UNITED STATES OIL FUND LP discussion
USO Oil is up 4.5% yet this is half that. Has the ETF been manipulated this much? Might be best to exit this garbage
USO What are you guys thinking?
USO 2+SD below the mean on a 1-wk, 1-mo, 3-mo, and 1yr trend basis. And the term structure of crude oil should deliver nice roll gains for the next few months. Looks like an attractive long to me.
USO From a fundamental and technical analysis standpoint, the current risk-reward ratio looks rather appealing. Just my personal take—stay sharp out there!
USO nothing manipulation right ?
USO the plan for today
USO The price has reached the upper resistance level, which is the upper breakout point of STRADDLE. It is time for the STRADDLE holder to open a SHORT position at breakeven, to maximize the benefits of this structure. Furthermore, today is the expiration day for monthly WTI OIL options contracts, thus substantial volatility is possible.
USO traders pay attention to this option sentiment/strategy
