Bubble project fit to screen!

Is it Time to Short Oil?

Entered a high probability trade against Oil using the USO ETF as my vehicle for shorting. Sell a April 14th, 105 call and purchase a April 14th 110 call for a $54 credit. It has a 76% chance of making 22$, with a max loss of $446.

3/9/22 Update – Yes, I think it was – 2 days later, the premium collected decreased by 50% so bought to close for a $29 profit!

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