No. of Recommendations: 0
MBLY - Selling OTM leap puts and buying OTM BCS from a fraction of the proceed could work out very well here as it allow finer risk-reward tuning.

FCX - Recovery of oil could take a couple of years. There is production glut and Putin is not exactly wreathing in pain just yet. I don't this is a MUE. I have a diagonal spread going on with this for a while.

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