$USO 20260904 140.0 CALL$ USO: take Profit. 

Been selling few short calls as the oil prices rising the last 2 weeks on the resumption of the US - IRAN war. 

This current one is with strike at $140 which since 1st Sept had been trading above $140 therefore is a losing position. 

The good thing is that the market dipped for the 1st 30 mins after open, and trades below $140, allowing this trade a momentary slot to be profitable.

Am glad that the take profit timing was just right and allow for derisking the trade with profit collected. 

Still have mutiple contracts at around $145
USO CALL
09-04 21:57
US20260904 140.0
SidePriceRealized P&L
Buy
Close
0.18+90.53%
Closed
United States Oil Fund LP
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  • puffyxx
    ·09-05
    locking profit there was clean. Iran de-escalation and a technical pullback would make those 145s feel way less comfy lol
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  • teresatqe
    ·09-06 00:09
    ok
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