Kaeppel's Corner

Jay Kaeppel

7-20-2021 at 8:00 am

Adjusting an Options Position - The USO Edition

Options offer traders the ability to craft a position to fit a specific market opinion. They also offer traders the ability to quickly adjust an existing position to alter the nature of the reward-to-risk expectations. In this piece, we update a recent example using options on ticker USO (United States Oil Fund, LP)

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