JonnyBoi
JonnyBoi
Options trader using tastytrade mechanics. Enjoys implementing trading tools with Python.
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03-09 12:50
$United States Oil Fund LP(USO)$   $Energy Select Sector SPDR Fund(XLE)$   A bit wary of such parabolic move on prices, which typically precedes an eventual plunge.  A bit FOMO though, so I am considering trading some short term long call options to hopefully ride the upside as the conflict continues on. A better trade might involve a put ratio spread, where we sell a 25 delta short put and use thepremium to finance two 10 delta long puts, a convexity play banking on the eventual crash in oil prices if the conflict reaches some form of resolution. I already have some long call contract

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