Can someone give me hopium or am I toast? I really thought I was doing a good thing by buying XLE calls and I thought I put my strike price far out. If nothing happens, that looks like this is it for me. For a minute there, it really felt like I was finally winning. I am well regarded I guess.
https://www.reddit.com/gallery/1rqjfwa
Posted by AaronFire
8 Comments
Strike price far out? My brother in christ these are less than a month away.
>and I thought I put my strike price far out.
I believe you nailed that aspect of the trade
I thought Oil was going to be far more disrupted than it was.
Xle was only good to me once or twice on calls, I knew this morning was going to be puts just had to wait the initial pump, if correct I’m gonna be very happy come tmmw morning
you want to jumper further from the top, why?
shares not calls
The problem with XLE is that oil is near the best price right now. If it goes up, then it causes inflation and less volume sold. If it goes down, then less margin to invest in future oil drilling.
Okay Lms if your cooked or not