Editor's note: This piece originally ran earlier today on our newest Premium service, ETF Profits . Click here for a 14-day trial to this exciting product!Generally, when I post about an InterETF trade setup, it is in the small-cap arena or, sometimes, the financial sector. The chaos in the Middle East has oil prices moving and the volatility around this black gold is heating up, which translates into opportunities within the ETF and leveraged ETF space. The direction of oil could go either way from the $100 barrel level. So rather than bet on a direction or even the inherent movement of a direction with a cushion built in, I would prefer to approach a trade setup that offers some cushion in price, but isn't wagering on a specific direction. The setup I am looking at is somewhat akin to an iron condor, but I want the potential for upside if volatility increases and oil prices rock back and forth.
Which Way Will Oil Go?
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