Using spreads to press bullish bets may make more sense here, given the higher prices seen in both these stocks and their options chains.
OilPrice.com on MSN
Iran War Sends Oil Curve Into Crisis Mode
In war scenarios, nearby oil contracts rally faster than deferred ones, steepening backwardation as traders scramble for prompt barrels.
Pair SPY with a diversifying ETF to cut drawdowns and boost risk-adjusted returns. Read more macro analysis here.
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