**Position:**
10 x USO Calls - saw the madness, didn’t believe a word Trump said, and now these puppies are going parabolic.
Where are they opening tomorrow? Where will oil trade tomorrow?
I’m still sitting on a price target of oil to $150, but if it goes higher it goes higher.
And I am not closing these calls until I see meaningful traffic through the straits of Hormuz
https://www.shiptraffic.net/2001/04/hormuz-strait-ship-traffic.html
Once the ships start sailing again I am 100% switching to puts. I have no emotional attachment to this trade. I am only here for the gains.
BFLO-Retail