Chinese / United States of America relations and trade are again at the top of the headlines today. More of this same volatility can be expected for a while.
No new positions today and no changes in trade outlooks.
Summary of my current positions as of 08 OCT 2019:
FYI: You may click the gold-colored Trade Origination button to see the original post on the date the trade was placed.
Crude Oil FEB20 short strangle, the 80 CALL and 35 PUT
Comment: Though Crude production domestically is down some, so is the demand. This balance seems enough to hold prices between my short strikes of 80CALL and 35PUT until option expiration on 15 JAN 2020.
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