A couple week ago we noted how the threat of oil production limits in the Middle East put more tailwind in the sales of clean energy stocks and ETFs. (you can read that here) As we circle back, those set ups are playing out. And still offering more opportunity.
The one that has moved nicely is IDRV, the EV ETF.
You can see it has popped since we looked at it last and it is holding it’s momentum. It is pushing toward the next target of the previous high of 42. This sets up some nice option opportunities. If you are looking for the options strategy that offers the best probability of a win in this scenario and others, check out Don Fishback’s Quick Start Guide. It is packed with tips and information.
Keep learning and trade wisely.
Market Wealth Daily