Key insights
- An individual investor expresses a strong bearish outlook on oil prices, citing historical retracements after spikes and attributing the current high prices to political factors. They've taken a short position in USO via put options, anticipating a price decline as geopolitical tensions ease. The rationale includes potential recessionary pressures if oil prices remain elevated.
Oil was $69 in fucking January. Only reason it's at $150 is because of our regard POTUS.
Every oil spike in history has retraced. Gulf War, Iraq War, even the Russia Ukraine spike. Big money's been positioning short into leaps because its kind of fucking obvious.
The trade is simple, war ends eventually and big head Trump tacos. Worst case I lose $20k and we're all in a recession anyways. BASE case IMO I make $50k+ because oil HAS to come down or we're all going to STARVE.
Fuck Iran, fuck Israel, fuck OPEC, fuck $5 gas, and fuck you for not calling Trumps bluff.
USO 12/15/28 $80P
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