Two Cash Funds To Prepare For $200/Barrel Oil

Bashar Issa7.21K FollowersFollow5ShareSavePlay(9min)CommentsSummaryThe Iran conflict is escalating, increasing the risk of a prolonged market disruption and a potential $200 oil scenario.QQQI's covered call strategy is no longer a clean trade, as NASDAQ may enter correction territory, making implied volatility and premium adequacy a concern.Overweighting cash is now favored, with the BIL ETF offering a 3.69% yield and low volatility for capital preservation and optionality.More aggressive investors may consider local US and Canadian oil producers, but commodity volatility and geopolitical unpredictability remain significant risks. omersukrugoksu/iStock via Getty Images Investment Thesis The Iran conflict is escalating, contrary to investors' assumptions that it would end quickly. Beyond the Strait of Hormuz, a widening conflict threatens the Gulf of Aden off the coast of Yemen, where ships passThis article was written byBashar Issa7.21K FollowersFollowBashar is a contributing writer at Seeking Alpha, focusing on Long/Short investment ideas, with a geographic focus in North America. Before that, Bashar worked at an Investment Fund in the United Kingdom. He has a Master's degree in Finance from the Queen Mary University of London and a Bachelor's degree in Economics from Middlesex University.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.