OILD
MicroSectorsTM Oil & Gas Exploration & Production -3X Inverse Leveraged ETNs
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Does someone hold OILD for shorting oil and can explain what’s going on here?
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OILD / DRIP if you want some leverage against the oil trade. NFA
Hoogle says WisdomTree WTI Crude Oil 3x Daily Short (3OIS) and MicroSectors Oil & Gas -3x Inverse (OILD).
🗂️ My previous DD: [If you start hearing about 🇷🇸 Serbia in the news, here's my initial DD.](https://www.reddit.com/r/wallstreetbets/comments/1bq4msa/if_you_start_hearing_about_serbia_in_the_news/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) [20-22% VIX calls](https://www.reddit.com/r/wallstreetbets/comments/1bq4msa/comment/kxk3ywh/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (one day) [30% ENLT puts](https://www.reddit.com/r/wallstreetbets/comments/1bq4msa/comment/kxp6jpi/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (two days) -- [Potential Estimated Economic Impact (Oil and VIX) of War 🇮🇷 🇮🇱](https://www.reddit.com/r/wallstreetbets/comments/1c45esj/potential_estimated_economic_impact_oil_and_vix/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) [5% IBIT short](https://www.reddit.com/r/wallstreetbets/comments/1c45esj/comment/kzojsfc/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (one day) 8% [OILD](https://www.reddit.com/r/wallstreetbets/comments/1c45esj/comment/kzorx1k/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (four days) -- My current BanBet record: [31-20](https://www.reddit.com/r/wallstreetbets/comments/1d2g0wo/comment/l60tuk3/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
🗂️ My previous DD: [If you start hearing about 🇷🇸 Serbia in the news, here's my initial DD.](https://www.reddit.com/r/wallstreetbets/comments/1bq4msa/if_you_start_hearing_about_serbia_in_the_news/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)[20-22% VIX calls](https://www.reddit.com/r/wallstreetbets/comments/1bq4msa/comment/kxk3ywh/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (one day). [30% ENLT puts](https://www.reddit.com/r/wallstreetbets/comments/1bq4msa/comment/kxp6jpi/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (two days). [Potential Estimated Economic Impact (Oil and VIX) of War 🇮🇷 🇮🇱](https://www.reddit.com/r/wallstreetbets/comments/1c45esj/potential_estimated_economic_impact_oil_and_vix/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)[5% IBIT short](https://www.reddit.com/r/wallstreetbets/comments/1c45esj/comment/kzojsfc/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (one day). 8% [OILD](https://www.reddit.com/r/wallstreetbets/comments/1c45esj/comment/kzorx1k/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (four days).[](https://www.reddit.com/r/wallstreetbets/comments/1c45esj/potential_estimated_economic_impact_oil_and_vix/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) My current BanBet record: [33-20](https://www.reddit.com/r/wallstreetbets/comments/1cic0tx/comment/l29kkw4/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button)
⚠️: *For those who followed my latest DD. If that's not you, I apologize for making you scroll.* I made a mistake on my latest BanBet. I played the bounce nicely on DXYZ but copied/pasted the wrong thing (bearish instead of bullish). Anyway, I'm banned over at the Mainland, so I'm just posting here that I'm still holding my OILD positions [regarding my DD](https://www.reddit.com/r/wallstreetbets/comments/1c45esj/potential_estimated_economic_impact_oil_and_vix/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) (updates are posted in the comments there). Nothing had happened, but I did see a report that Israel said they could potentially retaliate after Passover, and I was well above breakeven, so I held that day's low, which has held. I expect there's bound to be a gap tomorrow. I won't update since I'm banned, but I'll decide if I hold over the weekend (or how much) based on the news tomorrow. I'll be measured since I do not play oil and based on where we closed today, I can pretty much guarantee we'll be in the Dark Hollows tomorrow, so I'm not willing to endure too much of the expected increase in volatility. Remember I'm a short-term swing trader. P.S. I'm posting here (OGs) since I know a small handful from my time here have followed some plays, and I don't use DMs. I haven't updated the DD because I'm banned, not because the play is over, especially with tonight's news.
OILD is at $14.10. I moved my stop to $13.85. I won't update here every time I move it. I'll just keep moving my stop up.
Nice open. OILD is at $13.98. Moved my stop to $13.65, so this will be a profitable play for sure.
Small position on OILD at $13.33 on that breakout. Stop is at $13.10.
Awesome. I had seen OILD jump but wasn’t aware of WTID. I’ll have to keep an eye on those for gauging weakness and better timing the turn around. It’s fun getting to know oil/gas because seemingly clear patterns with lots of volatility (esp when leveraged) appear. Thanks!
i buy stocks and calls on stuff that’s beaten and hedge a lot with leveraged etfs. I trade oil also. OILU OILD SQQQ TQQQ FNGU FNGD TECS and some others. Lately I’ve been buying calls of big tech but over hedging with bear etfs and SPY calls since I expected corrections which would make me double the money, buying even more calls lower. But had to dump bear stuff quickly yesterday on news. I just constantly monitor and day trade on market feel.
Here Today- oil up 1.5%, gas up 7% -OILD is down7%. When gas is going down 10% it doesn’t move up more than 1%.. wtf
OILD is not short the commodity futures. OILD is short an equity index of companies involved involved in the energy business. The daily correlation between the price of the commodity and the price of the stocks is not one for one, there are different factors affecting each. The futures price is only one factor affecting the stock price. Over weeks or months, any double or tripled leveraged ETF will struggle just because of the math, long or short.
Sigh > As a geared product, OILD is only designed as a short-term trading tool. Long-term returns could materially differ from those of the index due to daily compounding.
Just another anecodote on decay: I’ve been holding OILD (3x bear XOP) for about a week. XOP had gone down 4% in that time period; OILD went up 5% during that period. I got bamboozled. DRIP (2x bear) went up almost the exact same amount as OILD today but had significantly less decay over the last week. DRIP is up 13% Vs 10% on OILD in the last week. Weird.
I didn’t know until today - DRIP is way better than OILD lol. Same gains, But OILD decays faster. Good choice.
I closed my OILD position this morning. Lil early. Now I’m full SPXU
Been holding OILD which 3x inverses XOP. XOP is down 4% in the last week. OILD is up… 5%…. Insane decay.
Closed my OILD short oil producers position. Bearish on oil still but that ticker decays like crazy
Inverse oil OILD about to go green lol. Classic sell the news event.
Oil stocks falling off a cliff. $OILD pumping
Yep. Oil been trending up in the last week while XOP flat/trending down. $20k on $OILD
Oil is up but my OILD is also up. Can’t wait for oil to go down
True. I’m actually short that right now. $OILD is 1/3 of my IRA.
I’m all in on SPXU and OILD in my IRA. Around 60k. lol
Somehow crude is pumping but my OILD is green LOL. Concern for bulla
I just went balls deep on $OILD (3x bear oil producers) because I’ve been watching this divergence. I’m also bearish on crude prices.
IRA is up 5% today. OILD and SPXU 🤝
excellent. thats when i plan to close my SPXU and OILD position
XOP about to DUMP. 20k of OILD ready for liftoff.
$45k in SPXU $20k in OILD we ride.
$XOP in blue, crude price in orange. Never seen a better time to short oil companies. $OILD https://i.imgur.com/Kfv1sPM.png
No options in there just 3x leveraged ETFs. I had a strategy of 1/3 OILD and 2/3 TMF: oil down and long duration bonds up. TMF was up early and OILD was down, switched to all OILD and it kept going down and TMF kept going up lol
SPY puts are uber cheap, probably gonna be cheaper at tomorrow's open. I'm hoping to load some $200p's @ $0.02. Maybe it will dump to a penny. NRGD, OILD, & DVR keep on the back burner to load pre-resession or crash...
Legit dumped $10k in puts this morning. Holyyyy. Still have $20k in OILD tho
Thank god. I had $10k in XOM puts and $16k in OILD We pumping
Interesting. Mine is similar but way riskier. 2/3 $TMF (3x bull TLT) 1/3 $OILD (3x bear oil producers) 🤝
will trade leveraged etfs, FNGU FNGD OILU OILD TECS TQQQ SQQQ but mostly there might be a small pump and dump with midterms, though this time who knows also TSLA weeklies, buy and sell on judgement, maybe PLTR or some other company options that r destroyed for earnings, but i wont put more than a few hundred into these unless im getting it right thinking about BIDU, its oversold but probably too risky mostly trading, META and other stocks with earnings, to make quick buck and keep moving i do take losses btw, i dont get stuck holding stuff if i think i picked wrongly ​ any tips?
Just bought 1k of OILD today at $2.53
Nice. Just bought 1k of OILD on this comment.
$OILD once crude starts dipping
Ya. I started leaning in on an OILD position last week.
Nice. Entire market is flat except Netflix LOL. don’t worry! I lost $2k yesterday on OILD in like 4 hours hahaha fuck
You better believe I bought the top and sold the bottom of OILD today. -$2K Lmao.
Just lost $2k on $OILD lmao. Bought right before the OPEC news broke smh. Took the L and sold. Oil/oil companies prob gonna run up here for a few days tbh
Fuck I just lost $2k on $OILD Abort!!
Just picked up 20k of $OILD See you suckers at $60/BBL
Lol, selling my OILD for a loss last week and buying more SU friday is sure sign markets going to rip.....after i sell for another loss 🤣🤣
Up 25% on my shorting of oil. My peril has made me $$. Thanks OILD
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.
depends on what im buying. when i was buying paypal at the bottom, i didnt buy while it was a falling knife. bought it when it went flat at the bottom and started to rebound eventually, but id buy a bigger amount and get out really quick. just got lucky with the timing that it ran quickly while i happened to be owning it. same with OILD and OILU, those leveraged etfs can go down quick, i take profits. but i may hold some long dated options longer if i have a call, like PLTR 2024 options i had. i bought low and sold when PLTR jumped 1$, obviously if i had held longer it ended up jumping much more. i didnt spend a single minute regretting it though or FOMOing back in at top. that was the main trick of this pointless story lol. im not trying to hold anything for months or years. usually 2% if its super safe stuff like AAPL type, where i feel its momentum trading and i put in a slightly bigger amount, but i make sure not to get stuck and even in these not buy everything all at once. sometimes i buy less and it runs before i can buy more, just exit and think of something else. for long date options though i just see movement of stock, u can make 10% in these at least if u make the right call, and if ur target is higher keep holding. generally when it gets to 20-30% for options, i get weak and sell, but this hasnt always been the right call. overall on average it works. i am up 150% on some weekly OTM aapl calls im holding right now, but that almost never happens, this market is crazy atm so taking a few more risks with smaller cash and holding positions longer than normal. im also trading in those short squeeze stocks like BBBY, its quick money but someone will end up holding those bags and it wont be me lol. also sometimes u have to sit a few days or couple weeks before things move and that can be frustrating, but if u have a reason to buy like earnings coming up in 3 weeks or something then u can trade it while waiting. i like to buy stocks early way before announcements and earnings and hold until a week before or see if its going up into earnings, usually wont gamble too much on the earnings itself in stock, only options for that. GPS earnings are on 24th, i had bought it last week and still holding. its got sucky movement, barely made much but im wondering whether people will hold this into earnings in which case it will trade at 12$ that week, or people think this low end stuff is getting hit the hardest so expectations might be low. not sure. if i cant make a read ill take profits, leave a bit in there or do cheap options like 20$ 2024 call- if i think its still going up- and not waste time. and yea theres always doubt and fear, those 2 things never go, we r all built differently so i have to keep reminding myself of my own rules, they dont come naturally. exiting on fear can sometimes save ur ass and sometimes be the worst decision when it bounces back right after selling, which is where it helps not to go in too hard in any one unless your sure of what you'll do. sorry i type a lot but i type fast so this took me like 10 mins.
when manchin said he supports the clean energy bill i bought a bunch of PLUG unfortunately i kept selling it and rebuying, if i had just held it i would be up another few thousand also i gamble in OILD and OILU and im one of the few people whose good at it also bought some other clean energy stuff but i keep selling, so profits stay low but risk stays low
no i dont buy puts. i buy leveraged etfs, on long and short side. i had SOXS today, though it can go down 50-60% in a week, the timing was good and it went up 16% today. also sold FNGD and UVXY at profit. i usually just use them as leverage and buy SOXL and FNGU for long, because its safer, but the market was too high. also OILU went up today, and i had sold my OILD earlier. i keep selling, sometimes at loss, as long as portfolio goes up i dont care.
have a few ideas but this is not advice since its really speculative shit. i think OILD is the play for when russia war suddenly has a ceasefire. but oil already dropped so the play might be over, i might try OILU hoping it rises short term and then if russia takes bakhmut and that defense line, jump to OILD hoping for a ceasefire announcement instead of expansion. ive traded these 2 before though and u can lose or make big money so not for everyone. also thinking of ULE calls when i feel a sudden announcement might come, not too far OTM though. in fact might buy the 2023 dated ones now, but this might go worthless if theres no ceasefire. i think this was the week for speculative earnings of stocks which were oversold, so they rebounded and at end of the earnings people will have clarity on which ones still have hope and which companies r screwed. if euphoria ends, UVXY is a good play. but UVXY goes down 90% of days and goes up suddenly, so usually i use it as a hedge. i still like PLTR into earnings but i have a much lower cost not sure what the cash flow is so might be a pump and dump again. i like SQ but again thats up a lot before earnings so it has room on downside as well. end of this week might look for some boring shit like T or just keep buying and selling FAANG since i dont mind getting stuck with apple or fb as compared to these things that drop 70-80%. im not very bullish after this week tbh. and yea another turning point is clean energy bill. if they pass that they r dumping money in the markets again, which means this rally has legs, i like PLUG and made some money off RUN trading but prob buy LEAPS with money u dont mind losing since this is a bet on politics and just because they pass this bill doesnt mean every company will perform in the long run, need to know the exit point. try to get in here on a dip. main thesis for this year is there will be pump and dumps and nothing will really go up or down significantly. obv that changed this month where things shot up, but looking at longer graphs its true that the market hasnt really gone anywhere this year. so i keep taking profits and taken a few losses too, but its going good.
buy OILD to hedge oil calls bro
laquisha told me to buy OILU this month and OILD next month
the thing about shorts is u gotta wait, time the buys, sometimes it goes down and be patient and time the averaging down price also. but when shorts pay, they pay suddenly and all at once massively, far more than calls. i bought OILD, TECS, FNGD and a few others, obviously u only buy these when the market has run super hot and exhilaration is at an all time high. i think its getting there. if u ask me to buy and hold long term obviously id buy FNGU instead. for short term spikes these r good. ive hit a few times now
I had TECS OILD and FNGD. Though I've unwinded most of it I'll be back in in a heartbeat before her trip
Bc we’re in the middle of WTI’s range right now. Wait until it comes back down closer to $90/barrel. UCO/SCO, FANG, DVN, OILD/OILU for shares XLE and DVN for options.
i usually buy based on my call on market. for example when big tech crashed like crazy FNGU at 7 or 8$ is a decent buy and i just sell it when big tech rallies. after a rally i wouldnt hold it too long. OILD was a good buy when oil was 120$ cause that would never last, now at 97$ im not sure whether OILD or OILU is better. just use some judgement, get it wrong sometimes and take loss but dont get stuck in too deep. have to control greed a bit
OILD OILU TECS FNGU FNGD TQQQ SQQQ SOXL SOXS i trade it all, as long as its leveraged. obviously, this shit is scary cuz it can go down 80% if you pick the wrong one and get stuck in it. gotta keep timing and exiting but if you get the hang of it theres money, def more chances than options which go worthless
Made money in OILD and FNGU and called a couple dumps correctly. Have killed it until now, market keeps going up against logic. Let's see
OILD 
i have only short positions left in my portfolio. all the long ones got sold last week. UVXY, TECS, OILD, FNGD any chance i make a lot of money today?
A few weeks ago, someone posted some DD about Oil stocks slipping through atleast labor day. I went into OILD and am up big big money. Thanks random DD guy I can't remember, or which sub from even. :\*
NRGD and OILD ftw!
i made around 60% trading over the last 2 weeks. very simply done and i plan on continuing it. the base case is that the market will move sideways this year - exception being russia war ending which will drive a temporary hard pump up in stocks and crash in oil. so i hold some shorts by buying OILD - its very difficult to trade and super volatile, but somehow ive been able to time it. also i made a lot by buying calls on days the market gets really screwed, and i buy short etfs like TECS and FAZ and UVXY and a couple others when market goes up. i also bet on SOXS and SOXL. its very hard to buy opposite direction of a market, for example when a stock goes down 5% two days in a row its scary to buy it. so i just buy 2024 calls on it, and when it goes down 5% more the next day, i buy more calls. of course, this is for stocks like AAPL and GM and ones that i feel are going to move sideways. i also dont mind being stuck with 2024 AAPL calls when its around 130-140$. my worst case scenario is waiting it out. its also hard to buy shorts when market is pumping, but i keep my hypothesis that its a sideways market and do it. usually, having a mix of shorts and longs bought at opposite of when the market has really crashed or gone up a lot, is better than having only one direction in the portfolio. that way i can keep taking profits no matter which way the market goes. this only works if my hypothesis is correct, that market will go sideways this year. also, remember to follow the war closely because you want to have those oil shorts or long calls in your portfolio when a sudden ceasefire is announced, but it may not happen for a year or it may in the next week. when the war gets imbalanced, as in one side is winning, theres more chance of ceasefire talks - the other side might capitulate and negotiate.
also i bought OILD (inverse oil leveraged) at 3$ because i figured russia war will get over at some point and oil will drop 30% in a day. that never happened, but oil at 120$ is unsustainable so it came down anyway. now it may rally short term again, im hoping it does so i can buy OILD again and hope the war ends suddenly.
i made so much money by shorting oil last week. every time something goes to the moon, just short it, in this market nothing will stay up. at the same time, now im de risking and selling my shorts since commodities can get crazy pumps also on unexpected news. for example, when china opens up, oil suddenly has a crazy rally. if russia war ceasefire, oil will get destroyed and price down 30% in a day. so its hard to time the events, but when oil goes to 115-120 you know its unsustainable and u can hold some shorts, like OILD - though this one is more leveraged and risky. now i think apple is a good buy, and maybe FNGU, but again they might be weak for a while. may be start getting in slowly. remember, the russia ceasefire will bring oil down and all tech stocks up like crazy because that will ease inflation expectations, and russia seems to be taking the territory they promised they would, so after they take it, we might have a sudden ceasefire. now i cant predict if thats a month or 3 months away, but it wont go on forever. so time ur entry
Jokes on you I have way too much In revlon😬 should have just held $SPXU and $OILD
TECS and OILD are doing well for me now. PSQ or other general bear ETFs are easy ways to capture money on falling markets without exposing yourself to options.
Selling SOXL at a 35% loss and go all in OILD
so far these are my leveraged bear etf plays: TECS = fuk tech OILD = fuk oil FAZ = fuk banks ERY = fuk energy anyone have more to share?
so far these are my leveraged bear etf plays: TECS = fuk tech OILD = fuk oil FAZ = fuk banks ERY = fuk energy anyone have more to share?
the hedge for tech is TECS and for banks is FAZ, for oil is OILD
Tempted to pick up some OILD soon.
I'm thinking of shorting oil at some point OILD or SCO
OILD for the insanely degenerate
OILD for your leveraged inverse oil etf