Sold USO 9/23 70 Puts

RipcordLoki
2022-09-17

Fri Sep 16

Sold puts naked as a short-term spec. Oil has been hammered and is a sector I continue to like. I want to get into precious metals but don’t like the looks of the dollar. Keep an eye on the TIPS ETF. Fed-Ex guidance was an eye-opener as I have been calling for. We’re at the tip of that iceberg. This is a good time to drop your portfolio dollar risk and take it slow. No shame in cash… especially at 4%!

Good trading!

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