Terra_Incognita
10-24
$United States Oil Fund LP(USO)$ USO: shorted some oil trades. At this price level, the risk to reward could start to swing. 

Oil trades are very event based so either I'll lose more from here, but also can be profitable should oil receded from the current high. 

Taking some paper loss for now, will be holding on and see how the hot wars and mid term goes before deciding next actions unless I can exit profitably. 
USO
10-24 13:17
USUnited States Oil Fund LP
SidePrice | FilledRealized P&L
Sell
Open
160.00
100
-4.88%
Holding
United States Oil Fund LP
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Comments

  • bubblyx
    10-24
    bubblyx
    Supply is still the bigger driver here. If barrels stay tight, fading this move can hurt longer than people think
    • Terra_Incognita: 
      Indeed. We all feel the in our pocket when price stays high
  • Zasper
    10-24
    Zasper
    okay
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