UPDATE ON INVERSE CRUDE OIL ETF $SCO HEDGE $CL_F $USO $XOP $UWTI $DWTI #OIL
This post was just published on ZYX Buy Change Alert. SCO hedge is from $25.87. As of this writing it is trading at $93.25. Back in 2014, we called for hedging part of the portfolio with inverse ETF SCO for the very long-term. There are huge profits on this hedge. Profits have now been taken on all but 10% of the position. Consider continuing to hold the remaining position. (Since the beginning post to initiate this trade was published only for paying subscribers and not on this public blog, huge profits on this position will not be included in the performance statistics