Trade Alert
Long UCO in the HFIR oil trading portfolio at $27.73 for $150,000 or 5,409 shares.
No stop-losses for now as we will be watching WTI closely.
Target price for WTI - $77.46 or ~$32.40.
Analyst's Disclosure: I/we have a beneficial long position in the shares of UCO either through stock ownership, options, or other derivatives.