USO in trading range
For a couple of weeks USO has been in a trading range between 32 and 33.5. Bought USO at 32.77 and sold S33 10-Sept calls at 0.30. Break even is 32.47, maximum profit is $0.53 per share.
For a couple of weeks USO has been in a trading range between 32 and 33.5. Bought USO at 32.77 and sold S33 10-Sept calls at 0.30. Break even is 32.47, maximum profit is $0.53 per share.
