Week In Review ($USO, more)

There were no purchases or sales this week. The financial industry is looking good for a possible call purchase through XLF ETF or one of the banks.

USO

KDK Options is continuing to hold its July $40.00 call options. Currently, the price of USO is $39.10. The continuing crisis in Iraq is giving some support to the price. The economy is also moving forward having some effect on supplies. If refineries in Iraq are taken off line, the likelihood of a spike in oil prices is high.

If you would like to contact KDK Options, you can leave a comment, email at kdkoptions@gmail.com, twitter @kdkoptions, or find us on Stocktwits @kdkoptions. 

** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **