March 17, 2015 - MDT - USO Follow Up

While the Diary of a Mad Hedge Fund Trader focuses on investment over a one week to six-month time frame, Mad Day Trader, provided by Jim Parker, will exploit money-making opportunities over a brief ten minute to three day window. It is ideally suited for day traders, but can also be used by long-term investors to improve market timing for entry and exit points.

I sold the USO 17.5 3/20/15 Puts out @ $1.50.

The Futures rallied going into today's options expiration, with the Futures expiring Friday.

I stayed Long?the 3/27/15 16 Puts

 

For Medium Term Outlook click here.

For Glossary of terms and abbreviations click here.

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March 17, 2015 - MDT - USO Alert March 17, 2015 - MDT - The Late Show

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