Phyrex
Phyrex|Jul 14, 2026 16:07
As expected, it's still TACO, with a significant drop in oil prices. Unfortunately, yesterday I was too timid to continue chasing short positions. Currently, there are still WTI short positions with an average price of $77.36 (a 22% loss) and Brant short positions with an average price of $80 (a 47% loss). However, this only solves the problem of the US 20% tax, and Iran's control over Hormuz has not been resolved yet. Next, it depends on the continued bickering between the United States and Iran. The current plan is to remain short on WTI at $82 and Brant at $86. My opinion is that the highest WTI value is less than $81, and if there is any more bearish news, it will be less than $82, corresponding to Brant being less than $86. But this position is somewhat conservative and may not be achievable. If you are brave enough, you can go short on WTI at $80 and Brant at $85, with a margin of at least $100 to prevent any mishaps. I always think it's okay for oil to be short at a high level, because there is a ceiling to the rise, so as long as the margin is sufficient, there is no need to worry about the current floating losses. @Gate Crypto、 US stocks, Hong Kong stocks, South Korean stocks, gold CFD、 Predicting one-stop trading in the market
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