01-31-2020, 04:38 PM
(01-31-2020, 04:12 PM)fenders53 Wrote:I started buying XOM at $80. Current avg price $71.4. Only return has been dividends and option credits. With my puts assigned next week, average price might come down to $69 and change. Not very happy overall. I do hope XOM runs in 2020 as I am too overweight here and would like to rebalance at little. I am optimistic aswell on XOM about 2020 and beyond.(01-31-2020, 03:43 PM)Kerim Wrote:(01-31-2020, 03:03 PM)fenders53 Wrote: This oil beat down is getting overdone
Yeah. Just added a little XOM.
As much as I am not an XOM fan anymore, I think you guys will be OK buying here. If I have any sense, (up for debate lol) I am fully invested in BP after this week. I really do like the oil ETF I found. BGR owns all the majors. You can get punched in the face five times during earnings season instead of once. The 7%+ Div is going to save me for sure lol