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oil Anonymous Mon Mar 23 15:20:55 2020 No.18032338 [Reply] [Original]

oil

>>	Anonymous Mon Mar 23 15:50:11 2020 No.18033011 >>18032338 oil?

>>	Anonymous Mon Mar 23 15:51:39 2020 No.18033044 >>18032338 Oil!

>>	Anonymous Mon Mar 23 15:52:05 2020 No.18033054 >>18032338 Oil.

>>	Anonymous Mon Mar 23 15:53:27 2020 No.18033093 ''oil''

>>	oil Mon Mar 23 15:53:34 2020 No.18033095 File: 8 KB, 270x195, r.c.-oil-text.png [View same] [iqdb] [saucenao] [google] oil

>>	Anonymous Mon Mar 23 15:54:29 2020 No.18033122 >oil

>>	Anonymous Mon Mar 23 15:54:48 2020 No.18033132 File: 3.09 MB, 300x225, 1556440959048.gif [View same] [iqdb] [saucenao] [google] oil ...

>>	Anonymous Mon Mar 23 16:02:54 2020 No.18033366 O I L I L

Anonymous Mon Mar 23 16:03:44 2020 No.18033389

>>18032338
Just a reminder how to play oil during a time like this (March 23rd, 2020):

DO NOT:
>buy into 3x leveraged ETFs like GUSH (which reverse split today), OILU (delisted). You will lose money on decay if you hold long term. 3x are meant to be played on short term volatility. Right now almost all the 3x bullish directionals are subject to management issues, so avoid even playing them in the short term.
>invest in E&P companies. It is clear oil will rebound soon, but E&P companies will be the first to lose business. Because of this, E&P companies' stocks won't reflect the changes in the price of oil as well as others will.
>play short term options (in either directions), IV is extremely high and your premiums will get IV crushed over the next few months

DO:
>buy stock in well capitalized, integrated, oil companies that sit on a lot of cash. They are trading at a steep discount, and although dividends are sure to be cut soon, these companies can weather this storm for sure.
>buy long term call options (at least 2021) on oil funds whose holdings comprise entirely of futures contracts (ex. USO). There is risk of negative roll and contango and negative roll during times like these, but if you buy call options way out, you can shield yourself from these short term pains

>>	Anonymous Mon Mar 23 16:07:00 2020 No.18033462 >>18033389 >like GUSH (which reverse split today) Then why do I have the same amount of shares at the same price it's been?

>>	Anonymous Mon Mar 23 16:12:42 2020 No.18033594 File: 25 KB, 836x202, Capture.jpg [View same] [iqdb] [saucenao] [google] >>18033462 sleep well

>>	Anonymous Mon Mar 23 16:19:35 2020 No.18033742 >>18033389 So, XOM?

>>	Anonymous Mon Mar 23 16:53:13 2020 No.18034264 File: 652 KB, 1280x720, 1573232246265.png [View same] [iqdb] [saucenao] [google] O-I-L

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