Selling Swing: buying USO 37 Mar put at .55 area and USO wee
Posted: Fri Feb 25, 2011 10:18 am
Selling Swing: buying USO 37 Mar put at .55 area and USO weekly 37 calls at .45 area then shorting 40 weekly puts at .70-.63 areas all OVERSIZED. moving into a 3 sided bearish OIL trade at one time, all with OVERSIZED stakes to am making a aggressive bearish OIL stance as believe that OIL has had a very strong run on middle east.