We have purchased a Jan 17 $14.00 call option. The cost was $0.06. The expectation is that the option will reach $0.60. Some reasons are below
- US kills Iranian General Soleimani
- USO rose more than $1.00 after Saudi Aramco attack
- USO rose more than $1.00 after tanker attack in June
- US military costs likely going up quickly, aka needing oil
- Story from partner 2 years ago here.
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