Oil Services ETF OIH – Credit Spread

By Brian Benson of Technical Traders.com

Technical Trader, Market Forecaster, and Author • Apr 19, 2022 at 6:56 PM EDT

Services companies such as HAL, BKR, and SLB are doing very well as capital expenditures in the Energy Sector have the order books for equipment and services very full.

Stock Exchange, Courses, Shares, Trading, Forex

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Selling a Credit Spread using Put Options is the topic of today’s Trader Tip by Brian Benson of TheTechnicalTraders.com.Oil Services companies such as HAL, BKR, and SLB are doing very well as capital expenditures in the Energy Sector have the order books for equipment and services very full.

In today’s video, Brian shows how to implement a Credit Spread using the OIH ETF as an underlying. It’s a high-probability trade setup with a potential return of more than 20% for a month’s duration. The Credit Spread is a neutral to bullish trade and gives us some room to be wrong and still make money.

Video Length: 00:08:46

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