Bob Knights Liver said:

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SPY up 1% and SPXS up .9%. I may switch my hedges from SPXS calls to SPY puts or SQQQ.

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NRD09 said:

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Trade wars are good and easy to win

If we're talking about oil embargoes i don't see how that doesn't light a bonfire on our domestic production, create tons of jobs (especially with increased regulations), and generally stimulate all parts of the economy that don't rely on cheap petroleum feedstock to support already thin margins.

If we're talking about fed rate increases i don't understand how that is even on the table until 2023.

What am i missing?

(Regardless i am going to get more disciplined with spxs hedges, and protective puts on my cash secured puts, and especially since i watched the big short last night and it brought back some nasty memories)

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Boat Shoes said:

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NRD09 said:

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Trade wars are good and easy to win

If we're talking about oil embargoes i don't see how that doesn't light a bonfire on our domestic production, create tons of jobs (especially with increased regulations), and generally stimulate all parts of the economy that don't rely on cheap petroleum feedstock to support already thin margins.

If we're talking about fed rate increases i don't understand how that is even on the table until 2023.

What am i missing?

(Regardless i am going to get more disciplined with spxs hedges, and protective puts on my cash secured puts, and especially since i watched the big short last night and it brought back some nasty memories)

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So are we talking banning imports or exports? Im guessing exports in an effort to curb domestic production (frac'ing). That seems negative to WTI and good for the international players, right?

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third coast.. said:

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CrazyRichAggie said:

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AAPL back below $134

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not no mo'

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Rice and Fries said:

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Boat Shoes said:

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NRD09 said:

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Trade wars are good and easy to win

If we're talking about oil embargoes i don't see how that doesn't light a bonfire on our domestic production, create tons of jobs (especially with increased regulations), and generally stimulate all parts of the economy that don't rely on cheap petroleum feedstock to support already thin margins.

If we're talking about fed rate increases i don't understand how that is even on the table until 2023.

What am i missing?

(Regardless i am going to get more disciplined with spxs hedges, and protective puts on my cash secured puts, and especially since i watched the big short last night and it brought back some nasty memories)

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So are we talking banning imports or exports? Im guessing exports in an effort to curb domestic production (frac'ing). That seems negative to WTI and good for the international players, right?

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The concern here would be the dollar used as the reserve currency of the world and it's what oil prices are pegged to valuation wise. There's no secret about some other countries preference to remove petrodollars and buy it without needing the US dollar.

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NRD09 said:

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Rice and Fries said:

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Boat Shoes said:

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NRD09 said:

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Trade wars are good and easy to win

If we're talking about oil embargoes i don't see how that doesn't light a bonfire on our domestic production, create tons of jobs (especially with increased regulations), and generally stimulate all parts of the economy that don't rely on cheap petroleum feedstock to support already thin margins.

If we're talking about fed rate increases i don't understand how that is even on the table until 2023.

What am i missing?

(Regardless i am going to get more disciplined with spxs hedges, and protective puts on my cash secured puts, and especially since i watched the big short last night and it brought back some nasty memories)

---

So are we talking banning imports or exports? Im guessing exports in an effort to curb domestic production (frac'ing). That seems negative to WTI and good for the international players, right?

---

The concern here would be the dollar used as the reserve currency of the world and it's what oil prices are pegged to valuation wise. There's no secret about some other countries preference to remove petrodollars and buy it without needing the US dollar.

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Banning exports didn't even cross my mind. The crude export ban was lifted under the Obama administration, why would biden bring it (or similar for gas) back?

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NRD09 said:

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I don't buy it. Climate change was a priority during the Obama administration, and it's not like climate change recognizes geopolitical boundaries. And fossil fuels are produced here far more responsibly than that produced in third world countries. Stopping fracking domestically isn't gonna make Sudan go solar

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CrazyRichAggie said:

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third coast.. said:

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CrazyRichAggie said:

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AAPL back below $134

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not no mo'

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Nice! But going off nothing more than a gut feeling, I'm worried this will be a green to red day.

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Rice and Fries said:

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I turn 30 next month but I've been trading naked options for almost 35 years with fidelity.

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FbgTxAg said:

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If I wanted to both "hedge" and possibly accumulate more WWR, selling 2/5 & 2/19 $5 WWR puts would accomplish this AND make a little scratch on premiums, correct?

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FJ43 said:

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FbgTxAg said:

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If I wanted to both "hedge" and possibly accumulate more WWR, selling 2/5 & 2/19 $5 WWR puts would accomplish this AND make a little scratch on premiums, correct?

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Selling puts would gain you shares if assigned. You would have to buy puts to hedge against your shares.

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