Purchasing puts on USO for the month of May.
April's candle closed below March's candle. The next factor I look for is for price to return to March's lows. If price does this, then I will be looking to begin purchasing puts at the 32.00 strike with an early June expiration.
Order cancelled
Price never returned to March's low during May.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.