Purchasing puts on USO for the month of May.

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April's candle closed below March's candle. The next factor I look for is for price to return to March's lows. If price does this, then I will be looking to begin purchasing puts at the 32.00 strike with an early June expiration.
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Price never returned to March's low during May.
Candlestick AnalysisoptionsputUSO

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