06-08-2021, 04:37 PM
Hooray, oil is going to $100 and we'll all be rich! 
XLE put sells have been good weekly income. I sell them about a month out. I might do it one more time but I will be waiting for things to shake out after travel season. Oil has now passed my summer target. We are at the place where suppliers try to cheat. We'll see if OPEC+ can be patient. It appears maybe they can if they know what is good for them. I don't really see a wildcard other than Iranian oil hitting the market.
XLE put sells have been good weekly income. I sell them about a month out. I might do it one more time but I will be waiting for things to shake out after travel season. Oil has now passed my summer target. We are at the place where suppliers try to cheat. We'll see if OPEC+ can be patient. It appears maybe they can if they know what is good for them. I don't really see a wildcard other than Iranian oil hitting the market.