Just posting some trades I made right before the close.

Bought UWM and went short the USO by buying June 100 puts.

I’m looking for a severe pullback in Crude. In these type of trades I’m right immediately then I get giddy with the profits, take them and move on, however, they end up being really nice if I just stay put. Like JOYG and DRYS more recently. Anyways, I see that type of trade setup in OIL/USO right now.

So if Crude prices drop, expect VLO and TSO to pop big and maybe MRO as well since they have a big refining business as well. CVX could get some action too on that.

*note I don’t know why this didn’t post yesterday.

Thanks for reading

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