How to trade the jump in oil and energy stocks using options

Geopolitical tension continues to escalate in the Middle East. Crude oil is nearly $10 higher since October officially kicked off. I believe the price of WTI crude will push even higher in October. I want to use the 2024 lagging Energy Select Sector SPDR ETF as way to express my short-term bullish view on the price of oil. XLE YTD mountain Energy Select Sector SPDR, YTD Oil markets are measuring the possibility of an imminent air strike by Israel on Iran's crude and energy facilities.

Click here for the full disclaimer.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

A market hedge using options with the S&P 500 up nearly 20% for the year heading into OctoberJeff Kilburg breaks down a so-called risk-reversal trade in the S&P 500 SPDR fund.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »

A market and tech hedge ahead of an uncertain Fed decision next weekJeff Kilburg breaks down his thinking ahead of the Fed's big meeting next week.
Herkunft: CNBC - 🏆 12. / 72 Weiterlesen »