BP

Roxaos

Damn only got $20 option BP till tomorrow 

zooka19

Funnily enough, outside of the UK REIT, I have no UK stocks. They just don't seem appealing except for BP, and SHEL. I ended up selling SCHD just now for 4% gain. I split the money 60/40 between CPS1 / VXUS 60/40. I read that was a common allocation. As for reits, I may get rid of, I'll think about it a bit more. I did hear UK and Europe are quite profitable with REITs. Although my broker only has a UK etf. Europe isn't listed.

sempiternalloop

Coming out of college debt free is a big help. But I follow a few rules: Be really sure when using leverage Buy low sell high - basically do great DD Let others pay carry on your assets I came out of undergrad and got a Wall Street job in 2009. A buddy and I wanted to live together. I didn’t live in Manhattan and eat at fancy restaurants like everyone else. Saved, took out a loan and bought a condo in NJ near the bottom of the real estate crash and my buddy paid me rent. Turned that into a rental when I left in 2013 and moved to MT where the cost of living is very low. For my portfolio I look for stocks that get unfairly punished on a piece of news and will most likely recover. E.g. BP oil spill, all stocks in 2020, most recently MYOV down to 7. I also got lucky buying NVDA at $16 around 2010 when they were going for the Apple chip deal. That’s about it.

ea_rubes

If you're using all your BP regardless, I'd aim for smaller % gains and compound off that. 5-10% gains off your full amounts each day. It'll start adding up quicker. Obviously 0dte are far riskier so I'd shoot for further DTE, but compounding smaller % amounts over time will add up G.

4memLeaks

I think we will start to see a down trend in September through October like we did last year. We have the feds that will raise again in September as of now the market has priced 50 BP hike which JP always follows. They can fuck with the CPI report all they want in September and make it look like a diamond but it still smells like shit. What the feds can't fuck with is the actual retails sales and manufacturing orders and output. There is always going to be a delay in the economy when the feds raise and start QT. The market didn't like rates hikes and QT in 2014 and they not going to like it again.

Andyinater

Source on 75 BP? everything I read is 10. And they've been cutting while US has been hiking for a while now. Nothing new really.

Nick84422

Idk many details but BP is apparently trying to transition to renewables fast like solar farms

LongPutBull

You can put on a credit spread here to reduce overall BP usage. As a pure probability play it's absolutely not horrible in terms of success rate, but you're almost always better off getting more premium with the same strike width slightly closer to the money, because flat dollar return vs collateral requirement per contract set is abysmal. If the price is getting cut in half, no where on the options ladder would be safe on a put credit spread.

Amyx231

So …sell BP or buy?!

SpectatorRacing

Thanks for the insights. I’ve held several oil positions, had BP for awhile, am long and continue to buy COP (crazy special dividends and reinvestment going on there for the foreseeable future), held XOM a few times, and always watching CVX, but can’t find an acceptable entry point. I think I am in a better spot to hold some positions for decades so I’m going to do so.

DisjointedHuntsville

The operative term being "Observed". Not simply "Observable" but directly OBSERVED. You're sitting there and arguing that simply observing the "Miles flown in a corporate jet" is an UNBIASED measure in data 🤣🤣🤣 So, if Apple empowered its senior engineers with Private jet travel to China during the height of the Pandemic they would be at the bottom of the pile while BP or Saudi Aramco would rate higher 🤣 Think about that, just pause your caveman instinct to find a zinger response and think . . .it MAY help you become a better person, but its your choice.

99_Gretzky

Look into some high yield and reputable companies to hold dividends and DRIP at your age. You’ll have a treasure trove by 30. VZ, BP, CVX, JNJ for example

asdfgghk

Why is QT been so unaggrsssive if it’s only .25 BP equivalent??

SP-Marshmallo

This man speak facts. 15 in BP = 1M atleast here at WSB.

Kriegprojekt

Good morning. Looks like my 3/17 SPY 500s ask ran up to 3.27 yesterday while I was away. My basis is 2.95 on 50 of them being bought since last July. These were the ones that ran up 151% in Jan and I didnt dump them because I am a greedy poopy-head. I set a GTC sell on these at 7.50 but current delta is telling me that wont happen until SPY hits 455-465 again. So I am watching them to see where we go around 430 SPY. Will we dump again? Who knows but even if we close the year at 470 on SPY (very bullish), theta will keep the actual price below that 7.50 sell price if we meander up to that level by Dec 31st. I am waiting on a few things to rise before selling again. I dont think I will add to anything right now. Sept 1st starts the full FED QT on the balance sheet. If I remember correctly that process will equal a 25BP increase to the funds rate but its going to be a long drawn out process for years so I really only think we will see market changes due to algos picking up on negative headlines about the process rather than the actual process. We are going into a period after summer when travel demand drastically decreases so we will definitely see Energy inflation come down significantly over the next two CPI releases. November numbers in Dec and forward may have increases due to how harsh winter will be in Europe and the US. We need Russia to capitulate and walk away but I doubt that will happen. I think we will slow crawl up to 430 and stick around that level until mid Sept, pull back due to election headlines (uncertainty) and then run back up afterward. Id like to think we hit the lows in the market but we'll see. Good luck everyone.

Goraksha24

BP can you elaborate on monthly puts??

hardyrekshin

# Tickers of Interest **Gamma Max Cross** * [BP](https://options.hardyrekshin.com/#BP) 09/16 31P for $0.95 or less * [PCG](https://options.hardyrekshin.com/#PCG) 09/16 11P for $0.15 or less * [M](https://options.hardyrekshin.com/#M) 09/16 19P for $1.55 or less * [NEE](https://options.hardyrekshin.com/#NEE) 09/16 87.5P for $1.70 or less * [KMI](https://options.hardyrekshin.com/#KMI) 09/16 18P for $0.25 or less **Delta Neutral Cross** * [XLF](https://options.hardyrekshin.com/#XLF) 09/16 35P for $0.75 or less * [BAC](https://options.hardyrekshin.com/#BAC) 09/16 35P for $0.85 or less * [PFE](https://options.hardyrekshin.com/#PFE) 09/16 50C for $0.80 or less * [ABBV](https://options.hardyrekshin.com/#ABBV) 09/16 145C for $2.65 or less * [HPQ](https://options.hardyrekshin.com/#HPQ) 09/16 34P for $1.45 or less # Trading Thesis Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes * If the price has moved past the entry price, exercise caution. Someone knows something that I don't know. * Look to sell half your position on a double, and freeroll the rest. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. # FAQ * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.

cthulhufhtagn19

well then i give up on you being full of shit. > So it’s on the SUPPORT page for a website, which we all know everyone looks at, but isn’t on the advertisements. Its also on each model page. Elon tweets about it every week or so. Stop pretending people dont know its not BETA > Yeah there’s waaaaay more than 1 video though of teslas fucking up and hitting random shit when there’s no reason they should. ITS IN BETA and the trackers show its progressively getting better per miles driven. And miles driven with disengagements is better than Waymo or any other produce for FSD out there. > Even The DMV says Tesla is doing misleading advertising for their full self driving and purporting to be something it isn’t. https://archive.ph/BP3Vl 2 problems with that. They arent doing anything about it and they have been saying this for years now. Second problem is, other companies have autopilot that has the same issues as Teslas autopilot so you cant go after just tesla if that the case. So where is the lawsuits or NHTSA making Tesla change your claim of false advertising? Answer: THEY ARENT FALSE ADVERTISING Again you are full of shit and speaking fake news FUD. Start thinking like an investor instead of a conspiracy nutjob.

Rydersilver

So it’s on the SUPPORT page for a website, which we all know everyone looks at, but isn’t on the advertisements. Nice. Yeah there’s waaaaay more than 1 video though of teslas fucking up and hitting random shit when there’s no reason they should. Even The DMV says Tesla is doing misleading advertising for their full self driving and purporting to be something it isn’t. https://archive.ph/BP3Vl

MrDanGugly

Dont worry man, just learn from this for the next time. I sold a tesla call I had for 600$ profit that ran up all the way to 10k+ in the following week. I also held 30 BP calls that were profits in the morning all the way to losses in the evening. I much rather take the profits when I see em.

PRNbourbon

XLE calls, or would a single major like BP or XOM be better?

TheseYoung6546

Yes, but not to as large a degree as producers like BP and XOM. I own a few hundred shares of ET and a couple thousand EPD.

ScottishTrader

I've said this many times and will repeat it. I post how I do it and that may or may not work for you. How I do it is to track how often I get assigned, which is very rare at only 2 to 3 times each year. As I am opening trades I track the options buying power against the net liquidity to keep it at or below 50%. An account with a $100K net liq would have a $50K or higher option BP as this could be 50% or higher cash. When opening a trade I look at the buying power effect on TOS as this is what TDA shows as a guide for the risk, and keep that to 5% of my net liq. A quick example is the 162.5 Sep 9 put on AAPL. It has a mid of about $2.05 and a max loss of $16,045. Of course, the max loss would only happen if AAPL went to zero and I think we can all agree the odds of that happening in the next 29 days is zero. The buying power effect is $2669 or 2.6% of a $100K account. Keep in mind this $100K is actually $200K when taking into account the margin. The $2669 is below 5% of my account and provided opening this trade keeps at least 50% of my account in cash then this meets my trading plan. I know the odds of being assigned are extremely small as I know how to trade and roll to avoid assignments. But even if assigned I have plenty of capital to handle the shares and then sell CCs to have them called away quickly. I've also said many times that newer traders who do not have multi year histories of trading and having an assignment rate will want to consider adding up the cost of stocks being assigned to avoid being having too many assignments.

Amyx231

I have XOM and BP. Both green. I do believe the coming recession will hurt gasoline stocks. But…how much upside is left? Prices at the pump is down a bit now.

LiquidSolidius

For tastyworks, you need 2k for a margin account. You can trade spreads, naked, volatility and leverage products, and futures (so just about everything). For spreads, your BP is the credit + Max Loss (unless you have portfolio margin) For selling naked, your BP is usually around 10% (selling a 10P would be around 100 in BP). Underlying a that have over 100% IV tend to lean towards Cash Secured Futures, they have their own margin rules. Tends to be less than options relative to the notional value of the contracts

MyPeePeeReversed

Imagine having the same political views as KPMG, Citibank, Burger King, Chanel, BP etc. Lol clearly they are after your best interest.

BuffetOfSweden

$INIT - Initiator Pharma, a danish company listed in Stockholm Nasdaq (First North) is developing a new drug again Trigeminal Neuralgia and other pain indications. Topline data crushed Pfizers own Lyrica - a $5B drug. Market is valuing the drug candidate to ZERO as the company is unknown by broader market but Management very loved by BP in other ventures. Mcap - $40m. https://www.initiatorpharma.com/en/correction-initiator-pharma-reports-positive-efficacy-data-outcome-of-the-iptn2021-program-phase-i-study-to-assess-pain-reducing-effects/

CyberNinja23

BP is over $30. A put option would get you $2.00 at most for that strike and date

lowbottomdrunk

Lezgo BP BOIIII

VisualMod

>\*SWAPS SHOW AMOUNT OF FED HIKES PRICED FOR SEPT. DOWN TO 58BP ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-08-10 ^08:37:10 ^EDT-0400

Deep_Bit5618

Green then reality sets in and red for weeks. 75BP followed by 75BP ….. Powell is loving the market strength right now.

Iovemyusername

$1.4M in buying power like that’s a flex. Lol SPAN margin means a dude with $160k can play with $2M in BP. But flexing like a pretend millionaire is cool I guess.

kodaksdad2020

JPOW we need a 200BP like tomorrow

Abhirajsethi

Been looking into it. Might be a good play. Check out BP tho could be even better

The_BitCon

CPI will be lower than last reading, that will mean fed does not have to be so agressive w/ rate hikes, if its anything lower that 9 we probably get a .5 BP hike in sept.

atx78701

I personally like value investing. The assumption is that the true value of a company is based on the sum of its future cash flows (typically over the next 10 years). The hard part is predicting the future cash flows. These days I just hold tech index funds, but back when I bothered to do research I would run a buffet style filter for 1) stocks that have had a big crash due to a one time event (tylenol cyanide scare, BP oil spill, covid crisis etc) 2) had good debt to equity (e.g. less than .5) 3) had a history of solid earnings and is a fundamentally well run business, with executives with a solid track record. 4) is not a car mfg, airline, or other business with long term structural risks. Oil could fit that someday. I personally am ok with a bad future P/E because typically it is bad because of the one time event.

FireWoIf

My BP is $5.9k. That’s my loss porn from when I was 18 that hasn’t seen the light of day until now.

letmetrade

Well your BP of $4 could have something to do with it, since their minimum for margin is $2k (which is incredibly low)... All you need to do is 500x that $4 and you'll be golden

darth_jewbacca

That's not correct. They do significant amounts of both. Exxon, Chevron, Shell, BP, P66, Marathon, Valero... All of them are funneling billions into buybacks and have been for years.

RealMichaelSaylor

Drop a 1000 BP bomb please

kodaksdad2020

Papa Powell watching you cucks with a 100 BP hike clenched in both hands

prisonsexx

Double it and maybe. Never heard of BP meds for gaur growth.

SmallCapsOnly

Huh, I happen to have a low dose BP med for hair growth. I wonder if it’s enough to compensate

prisonsexx

Tren raised my bp to 210/120. Need BP meds just to be in that shit. And it was a relatively low dose. And I could walk more than a half mile without my shins catching on fire. Am 40 done 3 cycles. Strength gains are amazing though.

hackjasu

Didn’t happen with BP. Despite my calls. Stick around 29 all week. Crushed earnings.

Optimal-Two-6382

Immigration slowed. Maybe legal immigration. Illegal immigration is breaking records. Take what you hear or see on the news and multiply it by 10 and those are the real numbers. 3 of my family members and close friends are BP agents. They are seeing it in person. Never been this bead.

redshieldheroz

https://www.cmegroup.com/trading/interest-rates/countdown-to-fomc.html 70% going on 75BP. Maybe even 100 when they need to be aggresive.

TheMightyWill

That is a good point. Shell and BP especially have been gunning pretty hard (or publically at least) for renewable energy. I imagine Marathon probably is too.

kevasto

Am I missing something. Higher chance of 75 BP in September. Market sold off all year due to rate hikes

Contextual-Investor

100BP Incoming

Ragingbull32288

As I said I use it and I think many can use it if you are disciplined. With a nice bounce last week it's easy to want to go in further and further to make more profit meaning using more of your buying power up chasing the easy money so to speak. This is what kills most investors though in any tradin strategy. Just think if I use 50% of my BP or even 60 I would be at 6% or 9% for the month so you use a little more a little more until a small event happens which puts you in the margin call which happens much faster than regular equities. And the crazy part about span margin, the lower the volatility the less buying power you use which if you understand why it makes sense. So for instance if Vicks jumps up to 35 or 40 you can actually use four of your buying power up to like 50%. The opposite is true for when fixing volatility is low you're really only supposed to use 25% when it's below 20 or so because you're expecting it to jump on any sort of news. Without reading the comments I'm sure others have said use it in small portions should be okay like any other leveraged products get your head around it see how things move before jumping in. And make sure before jumping in you go through a decent drawdown. In the overall market to see how scary and caught off guard it can be for somebody. I hope these sentences make sense LOL I'm driving kind of fast to work no proofreading and talk to text. If it doesn't turn your phone upside down and maybe it will

Front-hole

I am a doctor literally monkeypox is not going to cause sepsis. Sepsis is Simply a white cell count >12 or <4 , temp > 100.5, HR > 90, Resp Rate >20, Plus a source of infection. Septic shock is the above w hypotension BP < 90 despite fluid resuscitation. Lab test can’t tell me sepsis… plus I use other things like lactic acid and procalcitonin.

obb223

I bought at a similar time and sold out earlier this year (sold shell at 2300, Apache at 45) There is a huge disconnect between earnings right now and the stock price. Look at BP trading on something stupid like P/E of 5, latest results were insane and they have barely moved over the year. There is a lot of expectation of a price drop due to recession etc., I think risk of a drop is getting higher all the time and I don't see the share prices going much higher, but if you're getting great dividends maybe the risk / reward is worth it for you.

Cold_Forged_Memes

Same. 2 days ago on BP. Still in the fetal position sucking my thumb after 14 year record profits left me losing money on calls lmao

ChinkyBoii

CYDY and TOMDF. Both biotech companies rumored for a possible buyout/partnership from a large BP. SP too low it can’t hurt to gamble some extra money. CYDY is making a killing though for a couple of weeks.

ball0fsnow

What companies are you looking at in particular? BP have made the profit mostly because of the commodity price. Petrol stations (mostly driven by supermarkets) I’ll have you, they’re not appropriately passing price drops on to customers. British Gas I’m not so sure. I think they’re making money because of prudent hedging practices. Their pricing is set up to future proof the business but at present they’re making a huge profit because they locked in their prices when they were low, that profit will come back down.

hottieconbody

Finally, someone talking some sense. I just hope we get another activist villain like we did with the first BP, Peacemaker, Falcon and Winter Soldier, etc

harbison215

I personally don’t think the worst is behind us. The largest increases in prices may be, but I think the economy will look much different in 1-2 years with relatively higher unemployment. As for this rally, I think investors especially institutions are looking at it and saying “the last rate hike should have been a full BP, and the fed should be selling more assets. If the fed isn’t a going to get serious about inflation, than we need to buy now, as it appears all this new liquid in the economy is going to remain for the near future.” I do not believe the majority of them are saying “the worst is behind us, a few marginal rate hikes and inflation will take care of itself”

RunnyTinkles

Sooo why did BP do nothing on 3x earnings but now it's randomly up a dollar?

baldieman

BP

WhenLemonsLemonade

It's staggering, it's almost like the rich are doing their best to make socialists look reasonable with the whole "Eat The Rich" schtick. The price cap on energy (based on average usage and cost cap per unit of energy) in the UK went up from £1,277 per year to £1,971 per year in April, and the energy regulator is speculating that it will be increased to £3,360 in October. At the same time, Shell, BP, Centrica, Exxon, Chevron all reported either record profits or decade-high profits. Understandably, people are getting very very angry.

VisualMod

>U.S. TREASURY YIELDS TURN LOWER, 10-YEAR YIELD LAST DOWN 1 BP AT 2.7337% ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2022-08-03 ^15:19:11 ^EDT-0400

abgonzo7588

DVN, FANG, BP any oil stocks but the beats were already priced in based on oil prices. No real movement after earnings

BlakeClass

FED SWAPS for September are at 50% 75BP HIKE and 50% 50BP HIKE — what’s up with the pivot? That’s not a pivot 

gucci_bobert

Idk but I sold that BP call quick yesterday lmao

RunnyTinkles

BP getting pumped during pre-market for two days. It drilled after open yesterday so I sold my calls for a loss, and now its getting pumped again. :)

failed_evolution

Over the past week, the six major multinational oil giants—ExxonMobil, Chevron, Shell, BP, TotalEnergies and Eni—reported combined profits of over $64 billion in the second quarter alone. The orgy of profiteering is not limited to the six major oil companies. The smaller US companies Valero, Phillips 66 and Hess posted a massive combined quarterly profit of $8.62 billion.In total, these nine companies reported over $72 billion in profits over three months. The oil companies, by and large, have refused to increase production, driving gas prices in the United States earlier this summer to an average of $5 a gallon and siphoning billions from working class families into their coffers. While the price of a gallon of gas has dipped somewhat in the last month to a nationwide average of $4.19 a gallon, this is still over a dollar more than the $3.17 recorded at this same time last year.

failed_evolution

Over the past week, the six major multinational oil giants—ExxonMobil, Chevron, Shell, BP, TotalEnergies and Eni—reported combined profits of over $64 billion in the second quarter alone. The orgy of profiteering is not limited to the six major oil companies. The smaller US companies Valero, Phillips 66 and Hess posted a massive combined quarterly profit of $8.62 billion.In total, these nine companies reported over $72 billion in profits over three months. The oil companies, by and large, have refused to increase production, driving gas prices in the United States earlier this summer to an average of $5 a gallon and siphoning billions from working class families into their coffers. While the price of a gallon of gas has dipped somewhat in the last month to a nationwide average of $4.19 a gallon, this is still over a dollar more than the $3.17 recorded at this same time last year.

VisualMod

#Ban Bet Lost /u/Nihohaha (0/1) made a bet that BP would go to 28.033250000000002 when it was 29.05 and it did not, so they were banned for a week.

Cold_Forged_Memes

Lmao same. All in on 8/5c BP and still managed to -40%

Cold_Forged_Memes

BP puts 8/5, inverse me and one of us will be right

Cold_Forged_Memes

Down 40% on my yolo BP calls that I overpaid for, hopefully we print the rest of this week, if not I have a car I can sell and multiple organs

AlanSulf

Dang…y’all sucking on BP’s!?

Dinosar-DNA

Bought 8/5 calls on BP, MRO, MPC, and COP. Not one has covered haha. Despite excellent earnings from BP and MPC. Trash, oil haha

isweat_

Got out my BP calls with 23% gains, still broke asf 😎

onlinepotionpackage

Welp, that was a BP pump for ants.

BkkPla

Its a tricky game oil is these days..BP also popped the div by 10% and its a company div lovers look to so that also will help with any uplift. I sold some calls early and got out of them already with a real nice $, my week is done if I want but I keep trolling....looking at csco now for some drop n pop

El-cid-98

Hey, I made some money today for a change! Yay money! CAT puts, AFL and BP calls.

Sorry-Business-1152

BP

tekthebeast

I don’t know why I try and play earnings anymore, I inversed myself yesterday for BP got gapped. Not even investing myself works. In other news SIGA 🤑

BkkPla

BP pppppppppp, a weeeeeeeeeee ER blowout, $39 should be on the tableau

Dosmastrify1

Why the. BP not go uppppp

loose-ventures

I'm in BP, what did u/OPINION_IS_UNPOPULAR say? Btw, is anyone else's reddit webpage freezing when typing forward slash or am I the rehtard?

Libationstation

Is BP guidance good? The ER looks good.

k-dot77

Foreign investments have been FLOCKING South because we can't regulate consistently. One day you're approved, the next you're not... In the last 5 years: shell has all but left, Exxon is barely interested in staying, Conoco has left, Koch industries has left, the government literally had to buy a pipeline project because the owner left citing poor government communication. BP has left. Siemens has closed their factories. Schneider electric pulled out this year. Canada has been sending one message, we are closed for business.

BarackObonga320

Sold my spy put yesterday for a tiny profit and bought BP calls for overnight 🤡

Deep_Bit5618

So when Oil goes back to $100 then $110 and above INFLATION IS STILL PEAKED? Don’t be conned by Powell. He is just pushing to pain out til mid September then going to hit you with a full BP increase