VBIN's oil stock thread.

[fenders53]

(03-08-2022, 11:46 PM)vbin Wrote:

(03-08-2022, 01:35 PM)fenders53 Wrote: Sold another EOG put this morning literally ten minutes before an analyst downgraded it.   Oh well, I can live with a 115 strike before ex-div date.

We might see some crazy swings on any news at these levels.

That is highly likely.  It's not good that oil now trades like crypto.  We are on the fast track to demand destruction.  I hope some normalcy returns soon.  The war will keep things unstable for an unknown period of time.  I expect some 10% moves in the near future and I don't think all of them will be up. What a crazy few weeks.