Energy ETF Rally has Options Bears Waving the White Flag

Thursday was a bad day for stocks, but oil did not get the memo. The United States Oil Fund (NYSEArca: USO) climbed nearly 2% to its highest levels of the year, finishing April with a gain of nearly 20%. Oil’s April surge lifted the Energy Select Sector SPDR (NYSEArca: XLE) to a gain of almost...
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