Back into Oil -- November chapter

I'm not convinced that USO won't settle back into its old trading range of 34 to 38, but it has been hovering around 39 to 41, so it could be establishing a new support level..    I tried some combo buy-write orders this morning, but didn't fill--the market was pretty active.   Ended up doing market orders, buying USO at 39.91 and selling to open  Nov 39 calls (UBOKM) at 1.97 for a net investment of 37.94 per share.