I knew about SCO – but not about DUG, so thanks for that.

Re: USO – I am thinking of constructing a commodity etf basket. Maybe to trade, maybe to just monitor. In the future, if I wanted to short USO and had difficulty getting a locate to short I would need an alternative. SCO would work fine. Not looking to do anything at the moment however.

Re: inviting debate – personally, I like the no nonsense “just the facts” approach that you have here. A lot of other sites are out there slinging opinions. Not exactly putting any $ in my pocket.

You know what they say – opinions are like *ssholes, everyone has one. But the other guy’s *sshole is not going to put any $ in my pocket.

On the other hand, if you are hoping to “hits” on your site – you may have to go in that direction. Even mainstream media is going in that direction. The CNBC of 1999 is completely different than the conflict media / “high horse” opinion media model of CNBC 2009

This site has an interesting mix. Nuts and bolts re: options, but a lot of sports and pop culture mixed in. Particularly pop culture involving females – like Katy Perry and the New Jersey Nets cheerleaders.

Maybe the opinion thing just hasn’t been done right. If you can improve upon it, go for it.

Later, pal.

RBB

http://dailyoptionsreport.com/

Regarding USO, I trade SCO as the inverse etf. It’s leverage 2x, so you might want take 1/2 the position. You could also trade DUG, though it’s a short oil
and gas etf – it would still be a good trading vehicle.

Looking at the chart of USO right now, the RSI(2) is in no man’s land. I wouldn’t make a trade at this level.

Just want to let you know that I am still enjoying your blog very much. Don’t let the absence of comments make you think otherwise.

I have a question for you – what is the inverse etf for the USO. Actually, what are the inverse etfs for the USO – I imagine that there is both a leveraged and a non-leveraged option.

Be well.

RBB