04-07-2021, 10:49 AM
(04-07-2021, 09:48 AM)divmenow Wrote: Make that 4 names now lol. Added MPC. I'm liking the chart
Ok that's enough buying for today lol
I will probably nibble another one or two before long. I won't get sucked into the $100 oil dream again as it never lasts and a longterm slow fade is reality in just a few years. I made a little money off the crash but not enough. I can't fix that now. The option premiums are very good and I get in a little cheaper if oil pulls back. If not I will take my income win. Eric is right, production capacity has been cut back so anything like a decent economy expansion is protection.
Too much cash and Friday options will expire so I'm probably not done today. I will continue to be careful to avoid the market crash I don't actually think is coming anytime soon.