Reddit Posts
Cenovus Energy (CVE) calls (2/16 @ $17) are going crazy (70K OI). Any guesses as to why?
Alphamin Resources $AFMJF or $AFM (Canada) - tin (a dividend paying penny stock)
$AFMJF or $AFM (Canada) Alphamin Resources: Tin
$AFMJF or $AMF (Canada) Alphamin Resources: Tin
Is The Bear Market Over? Will The Economy Fool Everyone and Not Go into Recession? Where Do Oil Stocks Go from Here?
$AFMJF (pink) or $AFM (Canada) Alphamin Resources
Plastic Pact 2025: a looming deadline that could benefit Aduro Clean Technologies (OTC: ACTHF)
Cenovus Energy swings to Q4 profit but short of analyst expectations (NYSE:CVE)
Federal, provincial friction blocking carbon capture talks, Cenovus CEO says (NYSE:CVE)
The Global Nickel Shortage: Canada has a Key Role to Play
Simply Better Brands Corp (CVE: SBBC, OTC: PKANF)
Deep Dive on Nickel: Global Supply Shortage | Canada's Role
2022-11-04 Wrinkle-brain Plays (Mathematically derived options plays)
2022-10-28 Better Tasting Crayons (Mathematically derived options plays)
2022-10-27 Better Tasting Crayons (Mathematically derived options plays)
2022-10-25 Better Tasting Crayons (Mathematically derived options plays)
58.4K to 129.6k over the past year on oil - mix of shares and leaps
Oil is in a structural bull market. It's shrugging off recession concerns. Canadian E&P's are best way to play it. CNQ, CVE, IMO
Need some advise/help with stock trading.
CVE: DOC (Significantly Undervalued Stock)
#1 edible company in Canada in terms of market share coming back from the bottom $NDVA.V
#1 edible company in Canada in terms of market share coming back from the bottom $NDVA.V
TDA's ThinkorSwim (ToS) has potential vulnerability to the current Log4J attacks.
Most recent bet with the global magnesium shortage has this weird green text effect CVE:WHY💥💥💥
Best long term growth plastics ban good natured Products Inc CVE: GDNP. Buy it now before it goes to 🌓✈️
Recharge Resources Ltd - Small Cap EV Mineral Play (OTC : SLLTF) (CVE : RR)
Is an Epic Gold and Silver Bull Run About to Unfold? If so what penny stocks are you bullish on?
Standard Uranium (CVE: STND), a very promising play on uranium exploration + an update on their summer drilling program
Western Digital (WDC) just fucked a bunch of their customers
Tagging along when $ET goes home. A DD about the stock’s price’s influences
Lithium Chile Inc. OTCMKTS: LTMCF or CVE: LITH
$CVE, why Canadian energy is the buy rn [Part 2]
$CVE (TSX) is NOT the next meme stock but I’m very apeish on it
Canadian Natural Gas Vs American Natural gas: A simplified DD.
Dispersion Trade: Buy Canadian Energy Index Options Net Long, Sell Options for the Components (Mostly Puts).
Energy Oil & Exp was the sector to be in today!!! I used to work all year and couldn't make what I made today on paper LOL... $CPG $CVE $WCP $VLO... Live long and prosper my fellow Redditors!
Very Good Food Company (CVE:VERY)
Insider Buying: The BriaCell Therapeutics Corp. (CVE:BCT) CEO, President & Director Just Bought 124% More Shares
Cenovus Energy ($CVE) - Crude, Rude and I'm Not Dying Sober, So Where Are the Quaaludes?
Cenovus and husky energy merger has major potential and still undervalued. CVE
Cenovus and husky energy merger has major potential and still undervalued. CVE
Standard Uranium (CVE: STND) an Athabasca Basin uranium exploration play
Power Metals Corp (PWM) finds Cesium?
Mentions
CVE breaking $20 love to see it
I don’t have enough energy. Doubling my CVE right now
NILI.V : CVE NILIF : otcmkts
I do agree with some of that. I am however invested in CVE who first invested in General Fusion in 2011. You will find a ton of big names invested in General Fusion like Bezos, Gates, Shopify, etc. but most didn’t invest till after 2016 I’m really hoping General Fusion IPO’s because getting into that now would be like having your own gold mine. I’d keep an eye out for that name
Long Oil & CVE & other oil stonks!
Does anyone have calls on CVE?
I work in the industry, Principle Design Engineer/ CVE, I work very closely with the CAA the UK equivalent of the FAA. My bet is more pain is to come. When failures arise it's the tip of the iceberg, with 1000s of issues (and near misses) hiding below the surface. The management culture at Boeing is rotten. I don't fly on any Boeing designed in the last 15 years.
Another casual 8000 calls for CVE while quietly consolidating. Probably nothing. Buy AMZN
Hellooo yep I’m pretty awesome right now in CVE calls Let’s go Houthis!!!!
Day after day they are slamming CVE calls for February
CVE MRO HAL APA small size in each
Oil stocks that took an absolute beating last year. XOM, CVE, DVN, BTE, OIH, SU. These companies have reduced debt and will be returning record cash to stockholders this year.
I like XPRO, which is oil equipment support. I've made good money with them since finding them two years back. I've gone long and short, surfing their trading channel. Another one I like is CVE, a Canadian oil company. Same strategy as XPRO. Oxy is also good.
Tell that to the $80,000 I put into CVE @ 11.35, which is now at $170,288 I bet a financial advisor would’ve called me highly regarded if I told him put every penny I had into one single stock and would’ve tried to convince me to not to do it TLDR; never trust financial advisors, always put all your eggs in one basket for maximum gains
If you work in tech, prepare your buttholes for the Curl CVE coming out tomorrow. Libcurl is in everything. This has been known for a week or so, and I doubt it will be some sort of mainstream news, so probably no way to profit on this.
Whats up with the crude oil freefall? Is it just because I bought CVE today?
The world completely runs on Open Source Software...you are getting scammed or scamming your company if you think you have to pay for software and software support - Linux kernel which is at the heart of pretty much everything is open source - The entire Java ecosystem which runs enterprise systems depend on hundreds thousands of libraries which are almost entirely open source - Apache and Nginx web servers run 60% of the worlds websites and they are open source - Kubernetes which provides the orchestration and programmable infrastructure in the cloud and on-premise resulting in a paradigm shift in many ways in computing is open source > So these contracts are never just for software. Big companies are much smarter then most of the low wagers think You haven't sat through meeting after escalated meeting with Oracle "engineers" and their manaers who don't even understand the CVE much less how to fix it. There is a reason that these big companies have lost a ton of marketshare and people have moved off their products
I agree with China as it's a national security risk (They could be working on their worm right now) - How long is Tesla actually going to support this software on the road? More CVE vulnerabilities than all other manufacturers combined.
Pretty much this. SU and CVE have been very disappointing. CVE management especially just don't seem to be able to deliver on their plans.
Part of the bull case is the decades of cheap low decline reserves. Currently US shale has very high decline rates and rising gas ratios and it is unclear how new production tech will change this. I am overweight IMO, with smaller holdings in CVE and Suncor.
Just when I think I can’t love CVE more it gives me a decent week ✨✨ Baba, however, continues to molest me 😔
I think we are good schimps. "This vulnerability, identified as CVE-2022-40982, enables a user to access and steal data from other users who share the same computer." Share. The. Same. Computer.
CVE keep going just a little further
There is no mention of this in the latest CVE investor presentation, nor in their latest financial statement. If true, this is not a significant component of their business. And again, I cannot find evidence of this.
Time to exercise my $6 CVE warrants. Sitting in the account doing nothing - may as well collect the dividend 🤷🏼♀️
Probably short CPG and CVE prior to earnings
I don't know what kind of goals you are looking for, but there are lots of different ways you could go with this. Cyclical commodity stocks are down. Oil and gas, fertilizer stocks, mining, and other asset heavy stocks are in the tubes. I am still losing a bunch of money on the ones I bought recently, but companies like $XOM, $CVE, $NTR, $MOS, and $VALE, aren't going out of business. They may not have the highest growth potential though. I would recommend having a few defensive stocks, just as a hedge. If you want other tech growth stocks, I recently picked up a bunch of UBER, ABNB, and SOFI.
I think energy stocks are beaten down. Some obvious names to look at are $XOM, $CVE, and $VLO though you could probably find plenty of others. Same thing with fertilizer stocks. $MOS, $ANDE, and $NTR would be good to check out. Though the industry as a whole is down because commodities are down.
Great analysis. I’m long in REI which has a 20% shout interest, as well as RIG HAL CVE. Planning on riding the uptick with stops in place for any Sell in May fiasco
Confident. SU did well. DVN did shitty AF. CVE should be similar to SU. DVN is in the Permian
Lots of oil companies taking a hit today on Devon DVN earnings. They are in the Permian, like I said yesterday Permian is dropping in production and isn't what it used to be, producing more gas and less oil. . . Gas doesn't really help them because NG pipeline contraints... CVE is not in the Permian, like Suncor-which is up or even today. Interested to see what happens with AR earnings after the bell, will add on weakness.
I dunno that CVE will get above 30 by June but my shares I'm not selling until 35. These calls we shall see. But I expect good returns this year
Not selling till CVE hits 35
China reopening, Permian output is slowing. Oil demand increasing. CVE also owns refineries and will benefit high margins
Expecting oil comeback as china reopens. CVE also has exposure to refineries and we bout to get rich!!!
Crude to $100+ in the summer. I've bet on that. I'm heavy into refiners like VLO, PSX, and PBF and oilfield equipment and services like SLB, CHX, and WHD. But really, I think who will benefit the most is a company with cheap access to an easy source of oil and can refine in house like SU or CVE.
Fobi Ai ( CVE: FOBI) Powering Data-Driven Digital Transformation Fobi harnesses the power of AI and data intelligence, enabling businesses to digitally transform by driving direct, personalized, and data-driven customer experiences. FOR more info -> https://investors.fobi.ai/ FOR long term
https://www.google.com/finance/quote/WCE:CVE
The price of oil is down from the highs, but it's still above average. I don't trade the commodity, but I'm still heavily in oil companies. Sure, the nobrainer easy money has been made, but there is still plenty of upside left for the oil companies. Almost all of them are singing the same refrain, no low return new projects, pay off debt, buy back shares instead. Every day oil stays above $60/bbl they are making a lot of money, money that used to be spent on more exploration and drilling, but now is going back to the shareholders instead. That lack of new supply is going to keep oil expensive in a virtuous cycle for shareholders and keeps the risk weighted towards higher prices. I'm long XOM, SU, and CVE. I haven't been buying more lately only since I've reached my limit of 25% in energy stocks.
CVE.TO Don’t let these clowns troll you
Energy stocks have been consistently showing up in OlivePicks portfolios all year. Just today I see 7/11 picks are energy ([UNG](https://share.oliveinvest.com/018477e3-5ce0-335e-a2c5-9be09ee7a96e), [TNP](https://share.oliveinvest.com/018477e3-5ce0-8115-d28a-0884a8c92e73), DK, FRO, ET, CVE, CTRA)
# Tickers of Interest - TL;DR **Gamma Max Cross** * [RIG](https://options.hardyrekshin.com/#RIG) 12/16 4P for $0.35 or less * [CVE](https://options.hardyrekshin.com/#CVE) 12/16 21P for $1.45 or less * [AFL](https://options.hardyrekshin.com/#AFL) 12/16 65P for $1.60 or less * [FLEX](https://options.hardyrekshin.com/#FLEX) 12/16 18P for $0.45 or less * [JCI](https://options.hardyrekshin.com/#JCI) 12/16 60P for $2.15 or less **Delta Neutral Cross** * [CHPT](https://options.hardyrekshin.com/#CHPT) 12/16 13C for $1.40 or less * [MS](https://options.hardyrekshin.com/#MS) 12/16 82.5P for $2.75 or less * [RUN](https://options.hardyrekshin.com/#RUN) 12/16 25P for $2.30 or less * [AXP](https://options.hardyrekshin.com/#AXP) 12/16 140C for $5.95 or less * [AUY](https://options.hardyrekshin.com/#AUY) 12/16 4.5C for $0.10 or less # Trading Thesis - Why These Crayons Taste Better
CVE (oil) beat on earnings but dropped 2%. Guess with oil they're already mostly factoring in the expectation of beats
CVE is my favorite Canadian oil stock
# Tickers of Interest - TL;DR **Gamma Max Cross** * [ARKK](https://options.hardyrekshin.com/#ARKK) 11/18 37.5P for $2.00 or less * [BP](https://options.hardyrekshin.com/#BP) 11/18 33P for $1.10 or less * [CVE](https://options.hardyrekshin.com/#CVE) 11/18 20P for $0.95 or less * [GILD](https://options.hardyrekshin.com/#GILD) 11/18 72P for $2.35 or less * [FANG](https://options.hardyrekshin.com/#FANG) 11/18 150P for $4.55 or less **Delta Neutral Cross** * [PG](https://options.hardyrekshin.com/#PG) 11/18 131P for $2.00 or less * [GE](https://options.hardyrekshin.com/#GE) 11/18 76P for $2.15 or less * [AA](https://options.hardyrekshin.com/#AA) 11/18 41P for $2.20 or less * [BX](https://options.hardyrekshin.com/#BX) 11/18 91P for $3.40 or less * [HD](https://options.hardyrekshin.com/#HD) 11/18 287.5P for $7.45 or less # Trading Thesis - Why These Crayons Taste Better 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 current 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 - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * 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. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # FAQ - Because others have already asked. * 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. * You mentioned a new play on the same ticker in the past. What does that mean? * The new play should replace the old play. The old play is likely now invalid and if you haven't entered in, don't chase the price. Remember that a new day's worth of data has been produced and the newer play reflects that data, the older play does not. * Where are the crayons? I only see words. * Click the links above.
# Tickers of Interest - TL;DR **Gamma Max Cross** * [SLB](https://options.hardyrekshin.com/#SLB) 11/18 52P for $1.95 or less * [CVE](https://options.hardyrekshin.com/#CVE) 11/18 20P for $1.05 or less * [GILD](https://options.hardyrekshin.com/#GILD) 11/18 71P for $1.10 or less * [HAL](https://options.hardyrekshin.com/#HAL) 11/18 36.5P for $1.60 or less * [GSAT](https://options.hardyrekshin.com/#GSAT) 11/18 2P for $0.25 or less **Delta Neutral Cross** * [EWZ](https://options.hardyrekshin.com/#EWZ) 11/18 31C for $1.65 or less * [GDX](https://options.hardyrekshin.com/#GDX) 11/18 25P for $0.90 or less * [LVS](https://options.hardyrekshin.com/#LVS) 11/18 35.5C for $1.95 or less * [PDD](https://options.hardyrekshin.com/#PDD) 11/18 54C for $3.50 or less * [CRM](https://options.hardyrekshin.com/#CRM) 11/18 160P for $5.40 or less # Trading Thesis - Why These Crayons Taste Better 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 current 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 - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * 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. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # FAQ - Because others have already asked. * 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. * You mentioned a new play on the same ticker in the past. What does that mean? * The new play should replace the old play. The old play is likely now invalid and if you haven't entered in, don't chase the price. Remember that a new day's worth of data has been produced and the newer play reflects that data, the older play does not.
# Tickers of Interest - TL;DR **Gamma Max Cross** * [UAL](https://options.hardyrekshin.com/#UAL) 11/18 41.5P for $1.75 or less * [CVX](https://options.hardyrekshin.com/#CVX) 11/18 170P for $5.40 or less * [BMY](https://options.hardyrekshin.com/#BMY) 11/18 73P for $1.80 or less * [MET](https://options.hardyrekshin.com/#MET) 11/18 67.5P for $1.45 or less * [CVE](https://options.hardyrekshin.com/#CVE) 11/18 19P for $0.95 or less **Delta Neutral Cross** * [UBER](https://options.hardyrekshin.com/#UBER) 11/18 27.5P for $1.80 or less * [WBD](https://options.hardyrekshin.com/#WBD) 11/18 13P for $0.85 or less * [DIS](https://options.hardyrekshin.com/#DIS) 11/18 101P for $4.00 or less * [X](https://options.hardyrekshin.com/#X) 11/18 21P for $1.30 or less * [LVS](https://options.hardyrekshin.com/#LVS) 11/18 36P for $1.50 or less # Trading Thesis - Why These Crayons Taste Better 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 current 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 - Something to give you a new wrinkle * If the price has moved past the entry price, exercise caution. Something changed between the time these plays were generated and market open. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * 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. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # FAQ - Because others have already asked. * 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. * You mentioned a new play on the same ticker in the past. What does that mean? * The new play should replace the old play. The old play is likely now invalid and if you haven't entered in, don't chase the price. Remember that a new day's worth of data has been produced and the newer play reflects that data, the older play does not.
I'm mostly in Canadian companies due to lower valuation vs US ones. Below a list of stocks in invested in at the moment. I recommend you check their financials and free cash flows and compare against forecasted oil ans gas prices. TVE.to BTE.to MEG.to ERF CVE CPG (riskier) WCP.to VET ( EU gas play) AR (LNG play) OVV
CVE in the $16’s is my favorite here.
Sure, but I will say that I would wait for a pullback tied to overall market weakness before buying. Look at how they all dipped with the market on Friday afternoon even though oil was mooning as an example. My favorites: CVE < $18 usd, FANG < $125, DVN (<$65), ROCC (<$32), VET (<$20 usd), OIH <$220 (services ETF).
OPEC put a floor in oil prices around $80-$100. Current oil company valuations do not reflect that. Most of these companies are doing the right thing by buying back debt and buying back their shares at a discount. Go look at some of the recent investor presentations from $CVE. There is going to be a huge re-rating of that stock when they start retiring most of the FCF to shareholders. Meanwhile the Europeans keep digging themselves in a hole with boneheaded energy policies such as the windfall tax, etc.
# Tickers of Interest **Gamma Max Cross** * [EVTL](https://options.hardyrekshin.com/#EVTL) 11/18 5P for $0.85 or less * [SGMO](https://options.hardyrekshin.com/#SGMO) 11/18 4P for $0.15 or less * [AZUL](https://options.hardyrekshin.com/#AZUL) 11/18 7.5P for $0.50 or less * [CVE](https://options.hardyrekshin.com/#CVE) 11/18 14P for $0.85 or less * [GIS](https://options.hardyrekshin.com/#GIS) 11/18 77.5P for $1.85 or less **Delta Neutral Cross** * [KRNT](https://options.hardyrekshin.com/#KRNT) 11/18 25P for $2.25 or less * [GOEV](https://options.hardyrekshin.com/#GOEV) 11/18 2P for $0.25 or less * [NOVA](https://options.hardyrekshin.com/#NOVA) 11/18 25C for $2.35 or less * [TTD](https://options.hardyrekshin.com/#TTD) 11/18 60C for $6.25 or less * [CPNG](https://options.hardyrekshin.com/#CPNG) 10/21 17.5C for $1.10 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 current 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 to exit at your discretion. * 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. * The trades were calculated before market open, and so are based on information up to yesterday. Keep that in mind when deciding to enter well after the fact. # 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.
I'm tend towards small market Canadian (am Canadian and didn't want to delve into the US oil). Ones that I have my eye on or have investment in are CVE, SU, ARX, BTE, SGY, OBE, ATH, and NVA all on the TSX but pretty sure some are on NYSE as well.
CPG and CVE are ones to look at as well.
Hardy, have you exited your CVE puts?
CVE very low call/put ratio with a a lot of funds interested in the stock so eventually the stock Will go up, and with a lot of catalyst going on that CVE Is benefit from them.
Boom. XOM market cap> NVDA on its way to regain it's rightful place as the most valuable company in the S&P. I haven't been buying much recently, but I did add a few more shares of CVE and SU. A lot of people expect the price of oil to come back down, and so do I, but every day it stays high these companies are making bank. They then take that money and use it to retire debt and buy back shares. When the price of oil eventually comes back down, that debt and those shares are still gone leaving very profitable companies even with a lower price of oil.
This is a good high-value macro post. But most people here won't take the time to read it. I think you're right. I'm in some energy stocks (BTU, DEV, MRO, CVE, XLE, etc.); but you could also do 3+ month dated calls. I'm in TWM (the Russell 2000 2x short etf). And about 80% in cash.
# Tickers of Interest **Gamma Max Cross** * [X](https://options.hardyrekshin.com/#X) 10/21 25P for $1.85 or less * [PDD](https://options.hardyrekshin.com/#PDD) 10/21 55P for $4.75 or less * [MRO](https://options.hardyrekshin.com/#MRO) 10/21 26P for $2.00 or less * [CVE](https://options.hardyrekshin.com/#CVE) 10/21 19P for $1.30 or less * [TCOM](https://options.hardyrekshin.com/#TCOM) 10/21 28P for $1.70 or less **Delta Neutral Cross** * [UBER](https://options.hardyrekshin.com/#UBER) 10/21 27.5P for $1.75 or less * [PFE](https://options.hardyrekshin.com/#PFE) 10/21 45P for $1.15 or less * [CSCO](https://options.hardyrekshin.com/#CSCO) 10/21 46C for $1.20 or less * [QCOM](https://options.hardyrekshin.com/#QCOM) 10/21 140C for $6.95 or less * [WMT](https://options.hardyrekshin.com/#WMT) 10/21 135C for $2.85 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 current 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 to exit at your discretion. * 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.
Holly molly no one has said SU or CVE. large oil sands operators paying bills in cad but selling oil in usd.
VET.to, CVE.to, CPG.to, LXE.to (now bought out by VET.to). Also owned shares in SU.to and CNQ.to but they didn't have the 80-90+% drops the others did.
Ok I'm in. On a macro picture, inflation is here and doesn't seem to be going away anytime soon. It's starting to (or already has) triggered a global recession. The Fed, the EU, and the Bank of Japan have to keep tighening to keep inflation reined in; they can't ease rates right now as that would cause inflation to rip higher. The people who are piling back into risk-on assets with the idea that inflation is now under control and will be falling and no longer a concern (and that the Fed will soon pivot away from tightening) are going to get taken to the cleaners. That ties into the TLT trade. Starting around August 3, the long end of the Treasury curve started to collapse again; it's just continued to fall for three weeks now. The June-July stock market rally seems like it was caused by bonds stabilizing and the idea that inflation was under control. With long bonds collapsing now, that's a signal that there is more downside for the stock market (which aligns with numerous other indicators). I'm already long on several other inflation plays (MRO, CVE, DVN, BTU, XLE, shorting the Russell 2000 (TWM, I think is the ticker)), so TLT puts dovetails into the same thesis.
CVE-2022-32894, CVE-2022-32893. If you don't want to google the magic numbers and parse through dense nerd websites, the tl;dr is that it's because you need to update iOS to keep your money safe.
Absolutely. This year I've traded MRO, CVE, NRGD, OILD, UNG to name a few. When I read about the bill, I started looking at opportunities, not politics.
Both big, solid investments. I like them both, although I hold CNQ in that space. However, big and safe is not really WSB style. SOU:CVE is more the degenerate gamblers choice! Haha.
I also have $CHK and $CVE positions already but looking to grow those
with Gas prices going up CVE will be fire
I'd be incredibly surprised if CVE becomes better managed than CNQ. Probably less surprised than if SU takes worker safety seriously, but still quite surprised.
Basically, you *need* a broker to purchase stocks/ETFs/mutual funds/ADRs. Even institutions (banks, investment houses, retirement funds, etc.) with huge amounts of money need brokers/dealmakers (middlemen, basically). In the case of your Atlis investment (which I highly advise against!), you don't need a broker because you are going directly to the company; but most companies don't offer direct investment unless you have hundreds of millions to invest. I believe you are in the USA, so the easiest option is something like Robinhood (but, people on r/wallstreetbets hate them). I believe you can try SoFi (well-liked company) or Interactive Brokers (one of the best, apparently). And there are traditional brokers, such as TD Ameritrade and Vanguard. I believe most big banks offer a brokerage service, too. In any case, you will get free trading from any of them, so it's just a matter of preference. Once you open an account with any of these brokers, you simply deposit money into their accounts (usually electronically, but you can also send in paper cheques, you can link your bank account, etc.) and when the money clears (not on hold) you can start trading Monday to Friday, between 9:30 am - 4:00 pm Eastern Time! You can pretty much buy any equity (stock/ETF/mutual fund/ADR) listed on any of the American or Canadian stock exchanges (there are several: Nasdaq, NYSE, TSX, Neo, CVE, etc. - but it doesn't really matter what exchange the equity is listed on, as long as you can find the company and ticker symbol via your broker's app/website). It's also easy to find out a company's ticker symbol/exchange listing info. by typing something like "XXX company stock" into Google. For example, there is an ETF called "iShares Electric Vehicles and Driving Technology UCITS ETF" with the ticker ECAR (sometimes written as $ECAR on reddit). If you buy this one ETF, you'll see that they have holdings in Rivian, Tesla, Nio, Lucid, and a ton of other companies related to electric vehicles (just find the "holdings" tab to see the extensive list)! [https://www.ishares.com/ch/institutional/en/products/307130/ishares-electric-vehicles-and-driving-technology-ucits-etf-usd-acc-fund](https://www.ishares.com/ch/institutional/en/products/307130/ishares-electric-vehicles-and-driving-technology-ucits-etf-usd-acc-fund) Good luck and let us know if you have any other questions!
CVE Cenovus slowly looking to take that title
If your oil trade works out you may want to roll your profits into OIH. Oil services have not moved up as much as oil producers. Oil services trigger when production needs to increase, like if oil stays over $150. I'm in CDEV, CPG, and CVE for the oil runup. If we hit $150+ I will roll a portion into NOV for the oil services run.
My positions are AMZN, AAPL, UBER, MERC, CVE, GEO, BIOR, SPY. I got in early the first week of July on AMZN and APPL. I rode the AMZN, AAPL, UBER gains long enough to give me capital to invest in under valued growth which popped off recently
I'm not confident enough to give an opinion on either, to be honest. I like XOM/CVX since they are involved in all parts of the market, and it sounds like EQNR is as well. OXY seems to be getting bought out by Buffet slowly, so that might be a risk reduction both for downside/upside. I like following oil markets but it's way too complicated/risky to convert that into individual names/bets. So many people have been buying small Canadian companies (CVE, MEG, etc.) and they have been getting burned this past month.
CVE Cenovus target a retrace to 31 by dec-jan
CVE still has %30 + upside.
Short CVE and AR both still up over 100% in the past year.
Canadian oil sand oils are actually pretty economical. Suncor and CVE have pretty low breakevens. I believe SU is around $32 a barrel. Much lower than US shale. And oil is a global market. Pointing out where it goes demonstrates a deep misunderstanding of the commodities market. Don't chime in if you don't know what you are talking about.
I wouldn’t short it, but I’m bias as I have been buying up OXY and CVE. The news just keeps confirming my bias. Europe needs to cut energy use by 30% by winter. South Africa is continuously screwed right now. There was a oil leak in LA California recently. Nigeria lost 1 billion in revenue 1st quarter due to oil theft… I feel it is one of the commodities that production didn’t ramp up on and now don’t plan to so they can all enjoy the profits.
Bruh how da fuck you not going to list any tickers. I agree though, I’ve got hella CVE 7/15 21c
Oil E&P and midstream have good vol and are revving up their dividend programs. i'm mostly in canadian stocks but VET, CVE, CPG, & SU are all NYSE listed & have been profitable for me. there are some others that seem good but that that i dont follow like CNQ. after the bloodbath of 2020 they are getting on their feet and bringing back/raising dividends. Midstream companies probably have less volatility but are consistent, fairly safe, high dividend stocks. in this market especially they may have some vol in them.
given your age i would take a trip over to r/dividends and build up some passive dividend income to support you. There’s no way getting past those losses, you just have to accept that as learning experience. don’t try to revenge trade and lose everything else My personal recommendation would be, $BPT, $PBT, $CVE, $CUBE, $O, $CLX. Plenty of decent picks in energy and consumer staples.
Anyone know why SU and CVE falling hard even while Crude oil futures were not down as much and mostly flat most of the day, while the US markets were up a good amount? Are they the next big short squeezes?!
Sure, but that makes it a nice opportunity for me to buy a bit more. I'm looking forward to the next earnings report. Then next year the Strategic Petroleum Reserves will have to be refilled, after that the debt should be down to the level where they are returning 75% FCF. I don't see any real downside for at least the next year. That said, I was 25% energy stocks before this drop so if energy goes up alone again, i may have to trim something. Maybe sell some of my Cenovus CVE? I'm comfortable with up to 25% so I'm going to hold if everything goes up or down together.
CVE is currently priced around oil being at 60 a barrel. Down 25->18 in no time, support around 16. Starting to buy a shit ton of oil names and CVE tops the list
I have LEAP call on MRO and CVE, I think I also get royally screwed
XOP of you just want an ETF with more upside potential if you believe in this energy story. XLE is more of the bigger companies. Has a nice dividend but won’t have swings as big as the first. E&Ps DVN NOG OXY ATHOF Integrated CVE CVX Energy services OIH SLB CVE is a great Canadian one NOG ATHOF SLB
CVE is the better pick for energy + future growth. Canadian oil is priced lower thanks to Trudeau policies our great leader
I see CVE at $24.75 right now or do I have wrong ticker?
I like this one oil and gas exploration company Reconnaissance Energy Africa, tickets CVE: RECO or OTCMKTS: RECAF. They are speculated to begin drilling in the Kavango basin shortly and basically the next year at any point can be +1000% or -100%. So yeh I think it’s what ur lookin for in terms of risk.
see the top traded stocks on the TSX right now ATH BTE CPG CVE