Open Trade Alert: OIH June 17, 2022 $160 Call - The Forecast

Open Trade Alert: OIH June 17, 2022 $160 Call

Open Trade Alert: OIH June 17, 2022 $160 Call

Open Trade Alert: OIH June 17, 2022 $160 Call

Our minimum target for OIH is a retest of $250 by year end, possibly higher, and the $300 by March of 2022.  Buying pure stock in OIH and holding into 2024 as oil ultimately retests the 2007 $150 per barrel level is also an option.  USO is another vehicle for trading crude oil and we may elect to alert it shortly.