For anyone who has traded Crude Oil, you can attest to the fact that is no place for the novice nor the meek. Throw in the very real possibility of military action in the Middle East and you have just added fuel to the potential fire.
Click the video below as Scott walks us through our position in ERY. ERY is a 3x-leveraged Bear Crude Oil ETF. So, by buying a call spread in ERY, you are shorting oil.
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