08-16-2021, 04:54 PM
(08-16-2021, 07:04 AM)fenders53 Wrote:(08-16-2021, 06:47 AM)NilesMike Wrote: Looks like a good day to sell puts in XLE. Looking at Sept 17 48 strike for 1.10 ishOr is Wednesday going to be a whole lot better?
Commodities are tough. 48 XLE does seem pretty safe to me.
I tried to sell XLE 46 puts today. I don't believe world events favor oil in the near term