07-17-2021, 11:23 AM
I try to be mindful when I sell puts where the ort might land when it goes bad, because a time or two a year it does. If XLE doesn't get back to at least 51.50 in a month or so this will be the breakdown on my oil holdings. XLE 75% ENB 10% EOG 10% RDS 5% I could have got better premiums chasing the more leveraged stuff. I feel comfortable holding all of this stuff a year and the dividends are actually quite good and very secure IMO. Oil still hates me but I am feeling much better about it this time.