OILU
MicroSectorsTM Oil & Gas Exploration & Production 3X Leveraged ETNs
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What to do with current OILU positions if I feel WTI Oil has a soon leg up over the next 6 weeks?
Question on oil prices and today's drop, is it time to buy?
What advice would you give someone who wants to invest everything in just TQQQ?
Is now not a good time to invest in oil ETFs for a quick profit?
Should a person be investing in oil now that it is at a 1 year low? My personal opinion: Yes
How do I trade OILU in the premarket using brokerage account ?
Pretty sure I have a idea that oil will surge in the next week. What 3x etf would you buy if you thought the same? GUSH, UCO, OILU. ?
Should we give up on leveraged oil etfs for now or double dip because of the recent price drops?
Want to sell all oil etfs/stocks and just buy VOO for the long term
Want to sell all oil etfs/stocks and just buy VOO for the long term
Want to sell all oil etfs/stocks and just buy VOO for the long term
Posting, again, about how to actually make money in this volatile market
I believe there is plenty of money to be made in oil over the next 3 months
How should an investor [swing trader] play oil over the next 3-6 months?
There is no good/legitimate reason for oil stocks to be down the past week
Should investors pile money into SCO during these high oil prices for the long term vision?
Tell me why I am crazy to think oil will easily pass $150 a barrel by late March 2022
Russia, Ukrain, semiconductors, oil, where do we all put our funds
Invested a lot of money into OILU leveraged etf, here is my honest opinion and I want your thoughts?
Mentions
yeah I had about 20 shares of Koru I sold off and bought OILU which is actually down today surprisingly. It looks like their market is still down today. Should continue to grow up through 2026. I’ll probably hop back in and grab those shares again. TUYA did good for me last week (china), I was trying to keep my assets out of the states for the most part
I was late but should I squeeze in and put money on it and OILU . And another 500 hundo on UGL and 3GOL.L ? But it’s skeptical if situation remain volatile.
BWET, I should’ve stayed in it over the weekend Instead, I was in UVIX and OILU thinking they would have bigger upside
OILU if you're freaky
imagine not buying UCO calls and OILU shares before another long weekend, his favorite time to invade
OILU for the real superbowl this weekend
**OILU**: Oil & Gas Exploration & Production **3X** Leveraged ETNs
SPY drilling? It's probably drilling for oil. Buying OILU
Then you should avoid funds that hold commodity futures like OILU. It is subject to all sorts of decay etc.
OILU is going to look like a screaming buy sometime soon
OILU and GUSH are the play on if you think Iran gets invaded by Israel. Oil prices should fly
Hey OP, thanks for the DD. Hope your OXY goes up. I read this and waited a day or two for a bounce in CVX and OILU to open positions. Keep up the good ideas
Kick in the nutz for my OILU swing trade, I was hoping for a down turn with oil running like last year or oil prices jumping upwards with more Middle East concerns
I rarely hold long-term holdings. This year I bought OILU and NVDA, and also bought two small stocks midway, and they performed very well.
However OILU and XOM etf can benefit short term
So here is the issue, this is a very weird experiment where there is probably no downside in losing your 10k its just fake money And its winner take all for 1st, what is not like the real world at all because in the real world losing 10k sucks So for the basis of the competition you will probably not win if you pick a great stock like msft, or even something like BRK . You want to pick something like some 3x leveraged ETF and probably not on stocks but something more risky commodities [https://etfdb.com/etfdb-category/leveraged-commodities/](https://etfdb.com/etfdb-category/leveraged-commodities/) pick one you will probably lose money but you might also strike it rich I might pick something like OILU Note I do not think this is a good investment, if you were investing real money I would 100% not recommend you invest your money into this highly risky and speculative ETF. However because its fake money and there really is no downside is losing anything and you have a small chance to make great money its the perfect fit for this very imperfect assignment
OILU or other ETF future options. I believe any broker could be used for that.
It absolutely can happen under extreme circumstances. I lost everything in an a leveraged oil ETF during COVID (OILU). Once oil values went negative …game over man
With CNBC live on now the fed and cnbc is trying to run damage control. This pump is fed driven and will continue to prop rise tomorrow. They are just trying to calm the masses but in reality it's going to be a run away train. I would not buy puts or calls on individual financial institutions cus they go to zero they are delisted and you get nothing. I know this from OILU options and I'm still butt hurt. Stick to the indexes to make the money.
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.
Not perfectly no I do not, However I do know how to ride a trend. I might miss a 20% gain in the front before we know what is going on and I tend to sell just before the peak a lot so I have made money. I have turned $18k in 2020 into $140k in 2022. My plan is to only make $60k in 2023 and right now a person can do this buying correctly timing only a small handful of ETFs: TQQQ, SQQQ, OILU, QQQ. I'll try my best to do this - it is very simple: When the VIX shows a 15 or 16 day low I believe a small correction is in store and buy up SQQQ in bulk.
He's probably talking about an ETN (Note) and not ETF (Fund). OILU is an ETN, not an ETF.
I spent 30k on leap calls for an oil etf. OILU I believe. Figured I set it and forget it. Turns out the etf went bust shortly after and those calls just evaporated.
I got burned on $OILU this exact same way during 2020. Leveraged trades are perilous!!!
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?
Im swing trading 3x leveraged derivatives etfs in my ROTH IRA. My work 401k is 100% index funds, but my personal fund is for gambling. YANG was my latest move. Bought on the news of China not releasing GDP, sold when YANG spiked through a trailing stop loss. Regional ETFS usually have inverses, 3x leveraged if you're lucky. Long on OILU or NRGU as OPEC continues to pull back production.
" Tbh with a lot of people thinking a recession is coming in 2023" You have situations in Europe like BASF yesterday announcing that it is significantly downsizing operations there because of higher energy costs. You have had a decade where people didn't want anything to do with oil companies, investing in oil, ESG, etc. While higher rates have supressed oil prices/demand somewhat, they're still relatively high especially in some parts of the world. Really seems like energy investment may be a focus for some time. "OILU (3X leverage)" Don't invest in 3x products especially if you don't have a clear thesis. Also, this isn't even an ETF it's an ETN, which is a definite no.
So in 2020, I decided to full port an old 3x levered oil ETN called OILU when oil hit $20 cause I was like, this shits can only go up from here. Oil then goes negative and the ETN blows up and I lost it all Now in 2022 I full ported TODAY into 3x Natural gas ETF, and now it's going negative in europe and around permian. You're welcome
Once the weather turns, the supply constraints will really kick in. It already sucks in Europe and the US will also feel the pain. I both swing trade oil with OILU and day trade @CL and @NG. My swing trading benefits from the longterm supply/demand imbalance, and my day trading benefits from all the manipulation and shenanigans along the way. I love oil!
depends on what im buying. when i was buying paypal at the bottom, i didnt buy while it was a falling knife. bought it when it went flat at the bottom and started to rebound eventually, but id buy a bigger amount and get out really quick. just got lucky with the timing that it ran quickly while i happened to be owning it. same with OILD and OILU, those leveraged etfs can go down quick, i take profits. but i may hold some long dated options longer if i have a call, like PLTR 2024 options i had. i bought low and sold when PLTR jumped 1$, 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.
laquisha told me to buy OILU this month and OILD next month
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
Actually I’m making money. Big money. I’m playing leveraged ETF’s and just being patient. So when tech pumps I buy TECS FNGD and when it really gets fumed I buy FNGU SOXL etc. even playing in OILU. Seriously, I am making money. I don’t get drawn in to any bull pumps or bear drops, I just assume it will go back down or up.
Nice. I’ve closed out all of my lungs even know they were July 15 as I’m seeing a slight pull back early next week but I will re-enter hopefully Tuesday afternoon because I think we’re going straight up until July 15. Congrats on your oil short. I actually bought 300 OILU Yesterday in the mid $30s and in sold after they peaked just below $40. There was absolutely no way I was holding this over the weekend
This is good to hear. I legit almost cried after seeing my OILU Friday before close.
Nice. In your opinion is it will we to hold on to leveraged oil etfs like OILU that trade futures or should a person stock to the big stocks only like Chevron and Exxon?
My OILU position has been treating me well.
wait until friday, if tech makes a comeback then yolo on TECS, or if oil crashes buy OILU, this is not financial advice
You can go triple leveraged ETFs like TQQQ, UPRO or SOXL as others said. But they have been getting killed this year. Down \~35% and will continue to fall. Same with leveraged Long Term Treasury bonds. Down \~40% YTD In this current economic climate I would go with Oil, and rising interest rate hedge OILU - Up 168% YTD NRGU - up 158% YTD ERX - up 91% YTD PFIX - Up 46% YTD or DIG - Up 87% YTD
I am up 38% across my 2 brokerage accounts so far this year. Best swing trades done have been in short ETF UVXY as well as swing trading leveraged oil etf OILU. I also bought a lot of stuff on clearance recently and sold once I made a 6% profit on all of them. Mainly TSP, UA, APPS. Bought up CVX, USO, XOM mid March. Have since taken a hit on these but will make profit once the China COVID sanctions are eased and WTI Crude skyrockets. Plan to buy up SCO (inverse leveraged oil etf) once oil hits $140, will buy even more if oil reaches $150, and will buy even more if oil hits $180. This is how you make money and beat the market. Keep your finger on the pulse of the entire economy at all times. Realize that the VIX has patterns, and that usually the second year of a president's term in Q1-Q3 we have volatility and come Q4 the economy takes off upwards. Factor in inflation, Putin, the great resignation, high oil, and you can be half paying attention and just make money comparing past movements of the VIX to where it will be going to play short etfs.
Great 2 week rip on URTY. Knew I should’ve grabbed. 3x’ers r the shit. Eyeballing OILU 3x for the rip down. Wait for it, wait ….
Great point bro , maybe 3x that bitch on OILU.
Interesting read. They've been pressuring our allies and besides themselves, driving around the world, begging (thru texts) for oil. I've got OILU I'm still riding and it sounds good for some Biden blab.
Give me next months, I’ll be impressed and play OILU.
I'm holding some OILU. Expecting some longer term high prices coming up.
OIH (or OILU for 3x leverage) MPC B-eenis P-ee T-endies FANG
I'm trying out some $OILU shares not going to get into calls on oil. Figured it's kind of rigged since UAE can buy equities right before OPEC sends out their decision but I think we see escalation in the war before de-escalation. Also expecting Belarus to join in or offer too much help to Putin and catch some sanction hands.
I'm not going to buy puts but I will get some more commons. OILU and now grabbing a little bit of MOS on the short term reaction to Belarus also catching these sanction hands.
According to Charles Schwab: NRGU 3x big oil fund > 100% margin req. OILU 3x Oil explorer > non-marginable Thanks Chuck. Very fair. Very Balanced.
Ok cool, kinda figured. Was surprised yesterday with the drop in tandem of spot/equities on the “no nato” news. Trying to gauge if yesterday was the outlier or today regarding correlation. Yeah definitely, OILU + OIH calls have been the the jams. Thinking midstreams have much more to the upside. MPC and VLO charts are looking juicy af
Spot price != equity price. Equities are higher because they're expected to profit from the higher sale of oil/better margins due to it being up. e.g. OILU provides 3x daily leveraged exposure to a tier-weighted index of US firms involved in oil and gas exploration and production.
I had 421 and change as an important support that we just broke through. Wonder how much further we go. Buying a bunch of commons this morning, thinking about more OILU.
Got some OILU shares today. Supply chain shocks have shown us what exactly over the last couple years? I know oil is pretty fungible compared to some other things but scaling anything seems to go more poorly than people have positioned for in the modern economy. JIT biting things right in the ass.
I plan on holding OILU until May but to each their own.
Im late on the trend, but just saw oil jumped to $135 on the news that US is discussing Russia embargo of oil. Thinking of making an extremely short (1-2 day trade) in OILU or UCO.
It still rose 40% no matter what happened. Keep in mind we were also in the middle of a pandemic the year prior to that decreasing demand dramatically. The pandemic is evaporating, summer is approaching and people are going to be traveling which drives price up even more. I'm opening a 3x position on OILU tomorrow and setting hard stops in case of a policy reversal or hopefully a peace update. I feel like both will cause a selloff. Super bull on oil right now.
OLIU is up between approximately 30% over the past week. I say hold until oil reaches $120 then sell it all. Then buy as many shares of an inverse oil etf (SCO is my favorite) when it reaches $165 (probably by mid June 2022) and wait a few months (by January 2023) to 20X your money. SCO just like OILU is leveraged, so make the cash register go cha-chin quicker.
You are rich now, right?! I would hope your expiry date is not until later this month when OILU hits $50+...
OXY, USO, MRO, XOM, CVX, GUSH, OILU, just to mention a few energy stocks. Not financial advice 🤓
Maybe you can answer this one, legit question. Oil is up between 5-7% today. Why is my leveraged oil (OILU) down 1%?
Does anyone know how to explain why all of the leveraged ETFs like OILU are down right now even though oil is up 6% today?
OILU etf? Or will that not be how the market responds to this situation?
As Biden pushes to restore the Iran deal, there has also been an olive branch from OPEC to keep Iran from dumping onto the open market. Even with these developments I’m bullish on oil, although have less into US specifically like OILU.
Purchased OILU in February 2020
When the oil market crashed last year, OILU went under, iirc.