Quote:
Originally Posted by FMCoug
Just looked and there is action on USO puts as far out as July. The July 68 puts have some decent open interest and closed at 2.94.
However, doesen't USO track oil company stocks, not the commodity itself? I don't know jack about commodities.
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You might be right on the USO. I noted it was tracking oil prices yesterday, but oil stocks might have been down too. I will look today.