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This Oil Trade Will Extract Money From These "Sloppy Markets"

Markets have officially gotten sloppy and somewhat range-bound, which means that for charts with less implied volatility, we can look to iron condors to extract money from the market via time or theta decay as prices chop within a range.

Let’s take a look at one of these low volatility stocks – the SPDR oil services ETF $OIH – to set up a trade with a short iron condor.

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