Unique Opportunity To Exploit High Oil Prices

As a valued reader of Chuck Hughes’ Trade of The Day, you have qualified for complimentary access to the Weekly Profit Opportunity, in this new alert, we will spotlight a specific trading opportunity that we feel has great potential. As a key part of Chuck’s Optioneering Team, I work closely with Chuck throughout the week to review various setups and we select one we feel is ripe for a favorable move. Watch the video below to see our breakdown of this trade opportunity.

In the past week’s trading we saw all three major indices close down on the week. This was largely related to U.S. treasury bond rates spiking to new highs coupled with mixed results thus far for third quarter earnings. Despite the down week for most sectors, the Energy sector showed some resilience last week as it finished in the green. The boost to the sector is due to the price of Oil remaining high and cruising back to its yearly high. Given the uncertainty in the oil market, the Energy sector stands to benefit should the price of oil continue to rise. Chuck and I have identified a trade opportunity that will likely get a boost should the Energy sector continue to gain.

Thank you,