I scooped some long term OTM calls here, gives me 10.5% notional exposure to oil via OXY, risking 1% of my portfolio if the trade fails. Seems like a good way to be exposed to the big and steady trend in oil, I have already banked my other energy positions and oil futures options, this is a good way to stay exposed with minimal risk (since the weekly oil target was already reached, but monthly has a lot of room and time to go) Cheers! Best of luck,
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