Hello Members,
While I’ve often discussed this ETF, we have never traded it through the Option Oracle Service. Our main goal with this position is to use it to build some cash as we are always interested in using the markets money to trade instead of our principle amount. Like many of our other trades, I am suggesting that you trade this one in moderation. In other words, DO NOT overload your account with this put spreads. Focus on the charts and be ready to close out of this one for a profit once the price moves up to resistance.
Have a great day.
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