Gold and Energy Options Trader -- Gold, Oil & Energy Markets Investment Research
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Geoff Garbacz James DiGeorgia

Weekly Update

#276: Thu 8/9/2018 7:22 PM EDT
Why We Closed Out the USO Put Trade

So why did I lock in gains on the August USO $15 Puts yesterday? There were a couple of good reasons that go to the core of our work. Frist, when we get close to an expiration you have to be nimble. USO finally broke below $14 and a violent move back above would have cut into the gains or even worse caused a loss.


Latest Alerts

#708: Wed 8/15/2018 2:07 PM EDT
First Trade In SPY In Almost A Year

We are going to play SPY and will buy the September ... ~more~

#707: Wed 8/8/2018 1:03 PM EDT
Lock In Gains On USO Puts (updated)

We recommended puts on July 18th in the United States Oil ETF Fund (USO) August $15 Put that was trading at $1.04. USO was at $14.07 and is now at $13.85. ~more~

Daily Comments

#748: Sun 8/12/2018 4:48 PM EDT
The Week Ahead: Summer Doldrums As Events Slow

Geopolitical and Fiscal Events. Monday sees OPEC issue its Monthly Oil Market Report. On Friday S&P will review Turkey’s credit rating while Fitch reviews Russia. 2.Economic Releases. Releases of note this week and next include the weekly chain store sales, oil/gas numbers, mortgage applications and jobless claims as well as retail sales, industrial production, housing starts, leading indicators and Michigan Consumer Sentiment. ~more~