We had a lot of questions this week about the best ways to trade the spike in oil prices. This is a hot market right now that has been driven by very unusual events. Those trends can be somewhat problematic for traders – especially option traders. However, there are ways to take advantage of price spikes if you are willing to tolerate risk, and in today’s Ask the Expert webinar we discussed a few of these as well as the options-specific issues that can be avoided or minimized.
We discussed several stocks during today’s session – including:
- United States Oil (USO)
- Exxon Mobil (XOM)
- Ford (F)
- US Dollar Index (UUP)
[WEBINAR RECORDING] Trading Oil Without Getting Burned
Image courtesy liberalmind1012.