SCO

John-AtlasGames

So glad I sold SCO this afternoon. Took a loss but dodged an AH bullet.

bossasupernova

SCO

John-AtlasGames

Bad time to be holding the bag on $SCO here, damn

BuddyEffective4187

The OPEC production increase had been planned for a little while, hard for them to pivot within a day or two. They may be rich, but they still have bills to pay, can't restrict production forever. The timing for the tariffs just lined up horribly for oil overall. Good thing I was holding a pile of SCO. Sold and flipped long for a small bounce upwards Monday.

reefmespla

Yeah 90% of my posts are good natured sarcasm. I want that stock at less than a penny so I can buy the patents and start suing the big 3, like a modern day SCO!

sellputsthencalls

On Tuesday, 2/11/25, XOM closed at about $111, making your Friday, 2/14/25 $107 covered call ITM. Generally, assignment wouldn't occur until the close of Friday, 2/14 if the CC is still ITM. But pre-mature assignments like yours happen more frequently on the day before ex-dividend date. Wednesday, 2/12/25 was XOM's ex-div date for a $0.99 div. As you're finding out from the other commenters on your post, an investor who owned the XOM 2/14/25 $107 call exercised the day prior to ex-div in order to capture the $0.99 dividend. You, being assigned to sell your XOM at that time (your trade date is Tuesday, 2/11), gave up that $0.99 div. I sell CCs versus DIA & SPY, using the Friday weekly options. Each has ex-dividend dates on the 3rd Friday of the month -- DIA on every month, SPY quarterly. If my CCs are ITM on the Thursday prior to that Friday's ex-div, I consider a "repair" (a roll) -- I BCC & immediately SCO. My new CC is a week forward, at or above the same strike price, & has a high-enough premium to give me a net credit. Since I only aim for a net credit that provides an annualized premium yield of 6-8%, it's not to difficult to make such a "repair."

gopoohgo

Not without an even greater discount due to transportation costs. Oh, and Alberta sources the crude required to make SCO FROM the US.

gopoohgo

Yes. So many refineries worldwide can handle bitumen SCO

Silvertrek

BRICS, SCO and most of the Global South begs to differ.

epic_swag_gamer

I guess I hadn't thought of it like that, yeah so all in on SCO ain't as good of an idea as I initially thought

Tricky_Statistician

SCO shares. Bought a bunch today. Only popped because of Biden’s dumb comment in the morning. It’s gonna fall tomorrow because israel isn’t going to do shit until weekend if anything

Melodic-Drive-7302

Does anyone here hold SCO long term?

kdawg-bh9

Because SCO is the inverse of UCO.

AdventurousCowMooo

Yeah I’m thinking about it too. By the way, why do you think USO & UCO Gained today but SCO went red?

kdawg-bh9

Facts. I day trade UCO & SCO and I wouldn't day trade any others.

Qs9bxNKZ

Actually, one could have said the same of NVDA before as well. Only with the GPU chips benefiting coin mining did things start to look rosy. Maybe INTC will go the way of Compaq, HP, and Creative Labs. Not many are going to know SCO, remember Borland or even Novell. But they have a massive global foot print and supply chain, something that few companies can grow to without billions. Not to mention just the sheer real estate holdings of their facilities.

ShowerFriendly9059

UCO and SCO are the commodity, XLE is the companies (pretty overweight just two companies though), XOP is production which might get you closer to a corollary on the price per barrel moves (but still the companies)

Spare-Research

Wednesday’s no fun day (ie Markets closed). I have Germany beats Hungary, Scotland beats Switzerland, and Croatia beats Albania in the Euros. A $50 bet on each nets you $211 if you win (GER @ 1.25 to win = $62.50; SCO @ 4.5 to win = $225; and CRO @ 1.47 to win = $73.50). GER and CRO are safe bets but I see SCO winning bc pressure in the UK to do well this year in soccer SUI is not unbeatable so think return is worth it

mattumbo

Reduces theft, though the PR response is that our surveys have shown guests prefer checking out with and interacting with a cashier. And many do, but many also prefer self checkout, especially young adults doing quick shopping trips (who are a big part of the Target demographic). At first they just wanted to limit SCO to 50% of transactions a day, then they closed it entirely, then quickly reverted to opening it most of the day but only as express (10 items or less), except stores with two SCO banks that get to keep one open as a normal bank. Incredibly confusing, and during the attempt at getting rid of SCO they did not hire extra cashiers or give much in the way of extra payroll so it was a nightmare which caused immediate backlash, hence the half-reversal. Overall just a really weird move, close SCO sure, it’s a huge driver of shortage, but anybody with a brain could see you’d lose a ton of sales unless you pair that with a return to 90s’ style cashier staffing to keep wait times the same or less. And much as they love that it drove fulfillment sales it still makes no sense for the bottom line, a team member can maybe pick 70 items per hour if they’re hustling and then you still have to factor time to bag, stow, and then pay someone else to haul the order to the guest, a cashier can be brain dead and ring up 100 items an hour, a competent one more like 200-300+. Staffing cashiers costs at least half as much as staffing fulfillment to meet the same sales volume, yet they didn’t even try it which pushed the sales toward that low margin channel or lost them outright. And the doors are still open to the more brazen thieves so instead of skip scanning or ticket switching they can still shove shit in their pocket and walk out.

TeenageShirtbag

I regularly trade oil futures with $UCO and $SCO. Trying to predict the long term price of oil is a fool's errand, the best way to make money from oil day trading intraday price action. If you don't have a database of at least 1500 daily charts/have mathematically mapped the wave functions that govern oil price action then don't bother trying to trade it.

voxpopper

Bloomberg Ultrashort Crude Stock (SCO) Is down today. Am I missing something (other than obvious manipulation as usual in the commodity markets) or is this a gimme? [https://www.marketwatch.com/investing/fund/sco](https://www.marketwatch.com/investing/fund/sco)

JackTroubadour

>"yes, I'm going to add satellite internet to my cell phone bill" It's not a case of users adding satellite broadband to existing coverage areas but expanding their coverage area. More importantly potential users in low/no coverage areas will have access to voice/broadband, i.e. exponential user base. >Those that need satellite service already have iridium phones After the network is deployed and proven to be reliable they'll have a cost effective alternative. As an analogy I'll put forth payphones, in the late 80's/early 90's they were everywhere (still are in some parts of the world, call cabins, etc.) but go and try to find one now. There's still a couple left but the mobile phone networks drastically reduced the need for them. Don't get me wrong the Iridium network works great now but like all here and now's they eventually transition to remember when's. Looking for a second opinion? Ask your SCO what he thinks...

RevengeoftheCuck

I hold OXY and sometimes trade XOM or UCO/SCO, I used to hold some spot ETFs on uranium but exited my positions a couple weeks ago. Currently I’m looking for a decent play for copper exposure. And I like BTU but haven’t been in it for a couple months.

retrospectout21

If you have a chapter of SCORE they may have resources. [https://www.score.org/](https://www.score.org/) They are retired executives (the last 2 letters...and I can't remember what the SCO stands for). They service small businesses and have classes that I'm pretty sure are free.

jozefyn

Audits are going to be wildly off. Our inventory has been off by a significant % since SCO was introduced. I 100% expect the new CFO to tighten the return policy.

darksoles_

TGT shortening SCO to cut down on theft, cutting staffing hours for minimum registers open. Customer walks in, sees long line, leaves, buys everything online, you dominate online marketplace, you go bald, start learning ju jitsu, wear a cowboy hat with a spacesuit, take over world, repeat.

Several-Parfait3885

Is anybody thinking about shorting oil in the lead up to the OPEC + meeting ? Some of the African members want an increase in production quotas but I'm pretty sure they'll play ball with the Saudis. I'm thinking they're going to maintain current levels which drive prices down because of higher production in places like Brazil and the U.S. You also have China and India getting their fill of sweet sweet sanctioned Russian crude despite China's struggling economy. El Niño is here and I'm not talking about your big booty Latina's shitty son. Milder winters and a decent build up of inventory in Europe. Two years ago I started investing in American crude, specifically FANG, SLB AND ET. I've made a decent return on those investments. I don't think the world has reached "peak demand" for oil yet but it seems like this year, we might be looking at lower oil prices. SCO, please don't fks me 🙏

AlarmingTeach9394

Get 50% return within 2 months. Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30, 45+ Its now above $19.1 & rising ultra fast https://preview.redd.it/tztajjliek0c1.jpeg?width=1022&format=pjpg&auto=webp&s=cb6b3ec973948ce330a89c68371961646ba57a5e

AlarmingTeach9394

Get 50% return within 2 months. Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30, 45+ Its now above $19.1 & rising ultra fast https://preview.redd.it/o3xykt75dk0c1.jpeg?width=1022&format=pjpg&auto=webp&s=c3bd9353feab36b498745553ca6e7a962cc7453d

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ Its now above $19.1 & rising fast https://preview.redd.it/hd7pgm69bk0c1.jpeg?width=1022&format=pjpg&auto=webp&s=7046ae9ea7d8faf7a9b5f9dccd22512645876213

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ Its now above $19.1 & rising fast https://preview.redd.it/ke81gx76bk0c1.jpeg?width=1022&format=pjpg&auto=webp&s=158d1d4412e8df048b66c70a17c852dc324f20dd

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ Its now above $19.1 & rising fast https://preview.redd.it/8qyb8ng2bk0c1.jpeg?width=1022&format=pjpg&auto=webp&s=30e2b0efd6ebd7fe048f1ed97fe63efb30c6a2eb

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ Its now above $19.1 & rising fast https://preview.redd.it/td6y9h4zak0c1.jpeg?width=1022&format=pjpg&auto=webp&s=6d2049f6a353e3455f8368b2edcf750966289f20

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ Its now above $19.1 & rising fast https://preview.redd.it/fmzgg4oiak0c1.jpeg?width=1022&format=pjpg&auto=webp&s=6e5487ae6135fcafa63d44234f74eb923d2b705c

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ Its now above $19.1 & rising fast https://preview.redd.it/mtuvakubak0c1.jpeg?width=1022&format=pjpg&auto=webp&s=dcb697face3535232870793a7390919642700dac

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ https://preview.redd.it/pciun0e5ak0c1.jpeg?width=1022&format=pjpg&auto=webp&s=86a72610e402e1dec39189f9c0f1826250babb5e

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ https://preview.redd.it/xx3ohi32ak0c1.jpeg?width=1022&format=pjpg&auto=webp&s=ea75361ecd9f5d8786f56030151e81da3b84dfcf

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ https://preview.redd.it/2c2ut9zs9k0c1.jpeg?width=1022&format=pjpg&auto=webp&s=856832c0d59dc47cb1b405b8f06970a85d3b5e65

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ https://preview.redd.it/a8geq5no9k0c1.jpeg?width=1022&format=pjpg&auto=webp&s=6d9b8a5201302f81cf380aba756bd904f85b5c7a

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ https://preview.redd.it/h6en7aok9k0c1.jpeg?width=1022&format=pjpg&auto=webp&s=34b5c19ff42039f8cf2f03b3d414fa8c9452ed34

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ https://preview.redd.it/ovnnvsch9k0c1.jpeg?width=1022&format=pjpg&auto=webp&s=d34edc8cdc850c60155a35890c341c3a2aba4b6a

AlarmingTeach9394

Buy SCO Ultrashort Bloomberg crude oil ETF, for Target 30+ https://preview.redd.it/8uog8ytb9k0c1.jpeg?width=1022&format=pjpg&auto=webp&s=a1eef6e87c8ab1278373057d9e01482e7e5ab577

Ambitious-Cod-9224

I shouldn't have sold SCO that early.

OldEffective9726

Short the major indices, big corn and oil. PSQ, SH, BITI, DOG, SCO

OldEffective9726

continue to short and make $$. been buying PSQ, SH, SARK, BITI. SARK has been tremendous. Going to buy SJIM (short Jim) and SCO (short oil). going good.

ShowerFriendly9059

pulling back for FOMC, will be under pressure and likely won't stay above $91 on any consistent basis throughout Oct/Nov (seasonality + politics). Wait for it to cycle down more. Also, play the commodity (UCO, SCO) not the companies (XLE, XOP). More straightforward

Ken_Cordele_Griffin

FENY goes up on good news, down on bad news. SCO is the reverse. SCO goes up on bad news, down on good news. A really surface level example is, if you think oil will get some good news. Buy FENY. If you think things are not going well buy SCO.

VladNYC77

Thanks. which direction does FENY move and based on what kind of news? What kind of news would cause FENY to rise and what kind of news would cause SCO to fall?

NormanClegg

FENY is big US oil comps AND moves on news AND pays a dividend. SCO is a short oil ETF for downside moves.

TheXYProblem

$SCO

JesseLovesU

I learned from Phil Davis ( I used to pay fr his subscription letter) that almost all options expire worthless & the way to make money with options is to write/sell them. I’ve made some $ selling puts but really only pocket $ as I’m very risk averse. I sell puts far enough OTM to avoid risk. Once in a while, I have to eat it and buy the put options back or let the contracts get a assigned. A recent mistake: sold puts on SCO (short crude oil) and it went down too far. I didn’t buy the put options back last Fri & my loss is now 400 vs $200. Stock in companies that are fairly stable with volatile gyrations have been good fr puts. SNOW, BABA, oil ETFs, even DISH recently. I learned selling covered calls is stupid. 50% of the time I sell a covered call, I buy the calls back at a loss and lose profit. Not worth it. Buying calls and buying puts can wrk on opposing days. Stock is up? That’s when to buy puts. Stock down? That’s when to buy calls. I’m still learning….

Apprehensive_Floor78

SCO, UCO, LABU, LABD, IOT, AMZN, and short pre-earning bets

arykos

I disagree simply on point #2. Where are you seeing the production of energy keeping up with demand with oil rigs dropping, natural gas being made at a loss, and solar + wind being nowhere near reliable enough to run the entire country off of it. Also the US is having the most blackouts right now during peak summer demand. Not to mention OPEC + might just straight embargo us now that the SCO and BRICS nations accepted the Iranian Mercantile Exchange as their new official commodities market. I see this all affective the “bull” market as countries de-dollarize.

Burnthesystem21

Depends on your investment horizon… as long as you’re willing to buy oil and hold through it losing another 10-15% for the next economical recovery you should be good. I trade the oil market’s personally and I hardly hear about other’s interested in products like USO. I sell otm call credit spreads to generate income… and also trade with shares of UCO/SCO, DRIP, USO and the energy sector majors XOM/CVX. Perhaps we could discuss some ideas.

Bulls2Broke

SCO has been in the same fucking range for 1 year

Mopar44o

Well undid the damage on that one account... Time to put it somewhere a bit more reliable going forward... Started with some Suncore (SU) Puts @ 1.35 / Closed at $4.90 Bought some SCO (inverse oil) lost a few bucks on that. Hitched my wagon to the Warren Buffet train and grabbed some Occidentral (oxy) calls at $3.95, sold at $5.15 Moved over to exxon Mobile calls. $4.50. Sold at $8. ended the run with RCL Jun 16 $65 calls at 5.35, sold today at $10.15.

sanman

>The bucket approach is defined in **paragraphs SCO40.20 to SCO40.22 of the Basel Framework**. The numbers in parentheses are the required level of additional common equity loss absorbency as a percentage of risk-weighted assets that each G-SIB will be required to hold in 2024. Where do I find "paragraphs SCO40.20 to SCO40.22 of the Basel Framework"?

Reddit_Roit

SCO to the moon

VisualMod

>RUSSIA'S LAVROV TO VISIT INDIA MAY 4-5 FOR SCO SUMMIT: TASS ^First ^Squawk ^[@FirstSquawk](http://twitter.com/FirstSquawk) ^at ^2023-04-27 ^04:08:02 ^EDT-0400

y90210

In talking this week with a friend about the United States seemingly imploding from within across multiple sectors, my friend stressed: “It’s not just from within. There is a run on the United States from certain nations and business interests around the world. This was not just some person sitting on a porch casually talking about current events while whittling a stick waiting for his Social Security or pension check to hit the mailbox. This was a former high-level U.S. government official, now a CEO, someone who sits on the boards of directors for multiple companies. In an example of a world leader hedging his bets, French President Emmanuel Macron recently traveled to Beijing to meet with China’s President Xi Jinping. Macron did not travel alone. He brought along Ursula von der Leyen, the president of the European Commission. Some saw this as Macron advertising that much of the European Union was with him in spirit as he met with Xi. Or, last month’s news that Saudi Arabia was inching closer to joining a China-led Asian security and economic bloc, after having been granted the status of a dialogue partner in the Shanghai Cooperation Organization (SCO). Aside from China and Russia, the bloc also includes India, Pakistan and some ex-Soviet states. It’s an organization one might view as not always having the best interests of the United States in mind. As Ali Shihabi, a Saudi analyst and writer, made clear during an interview: “The traditional monogamous relationship with the US is now over. And we have gone into a more open relationship, strong with the U.S. but equally strong with China, India, [the] UK, France and others.” Finally, we have Brazil — China’s most important trading partner in South America — announcing a new agreement to conduct bilateral commerce in their respective currencies, rather than the U.S. dollar. The move not only shocked many in the U.S. government but opened the eyes of others around the world to the possibility of decoupling from the dollar.

Strange-Substance-86

I know most people hate on this strategy and call it gambling etc but I’ve never regarded myself as a gambler. I’ve only started doing this in a big way after I got back into the markets in September of last year. I’m not bearish or bullish overall I just tend to trade on the trend. I also like the Oil Futures ETFs ( UCO, SCO, etc) as Oil has been very volatile the last few months. ( Currently neutral on Oil) I only concentrate on a couple of ETF’s at a time and I get out at a loss if the the trend is turned against me. As I said, patience is key and you have to be contrarian and really do hardcore research about how to set your pivot points for a specific ETF. Had a very profitable 4 months 2022 and also doing okay this year but more challenging.

Stinky_the_Grump23

Saudi joining SCO, Mexico joining BRICS, something isn't adding up redditbro

KutteKiZindagi

Saudi Arabia just agreed to join the BRICS bank (SCO) few hours back. They will initially start trading oil with China (its largest oil partner) in yuan. I am extremely shocked at such a rapid turn of events. I thought it would take at least 10-20 years but all these were accomplished in less than a year. Unfortunately this is what happens due to excessive US sanctions for willy nilly. Picking up a fight with Russia and China at the same time is going to be the mistake of our lifetime. https://www.cnbc.com/2023/03/29/saudi-arabia-takes-step-to-join-china-led-security-bloc-as-ties-with-beijing-strengthen.html

Kombucha-Krazy

I hear you and but also... Also watch SCO to see if they are shorting oil for the day or few... If you risk in such things

Couchy81

FUCK me I forgot to short oil after closing my last energy position a month ago. SCO already ripped.

stonks_better

This might be the big one for oil  if it breaks down out of this triangle SCO will print

stonks_better

🙏 not for oil. SCO turning out to be a good hedge 🤞

stonks_better

Wtf is this USO pump. Might be a good hedge for today, SCO

deVliegendeTexan

Seriously. Most investments in pretty much _anything_ that’s not pure speculation will return net positive on a sufficiently long (usually 7-15 year) timeline. Put your money in just about anything that’s significantly diversified and hold it for long enough, and you will make a lot of bank. Diversification in nearly all scenarios means that even during significant market corrections, even major recessions, you’re hedged against massive losses because you hold some assets that are exposed but also some that are not. Of course, the _big,_ “easy” money is in trading on massive short term market swings… but that’s also where the big, easy losses are. For every diamond hands rocket ship to the moon story there’s a corresponding “how do I tell my wife we’ll never be able to retire because I invested in SCO.” No one wants to be the “yeah, I put $50k in SPY and waited 25 years and now I can retire comfortably 10 years early” guy though. That’s not sexy.

stonks_better

Oil fuk, inflation fuk, bears maybe checkout SCO and make some money https://oilprice.com/Latest-Energy-News/World-News/US-To-Receive-3-Million-Barrels-Of-Venezuelan-Crude-Oil-In-February.amp.html

TheAbsoluteIsTyping

Then get SCO, it’s an ultrashort so if you think the price is going down, it’s easy money. And we know oil price goes back up once summer thaws the economy.

stonks_better

YANG, BOIL, SCO have been trending

Tc0008

check out SCO instead

BovineJonith

SCO?

fakehalo

No SQQQ currently, CCs called away and last CSP expired a week ago. Currently no KOLD/BOIL either, which I was doing more than anything for a while. Same for SCO/UCO, the risk/reward is less obvious on those now, so right now it's just TQQQ shares and CSPs. I'll sell some CCs for small amounts on big up days, the rest is just waiting for volatile stock movements which is the real bread and butter. I'm starting to put my trading money towards the TQQQ shares at this point. $8-18 is where I'm adding/CSPing, current cost-basis is $19.5 for the trading pile. Cost basis on my long account has TQQQ with a basis of $53, but that was started with very little money--I already have more shares in my trading account than my long account to give you an idea. Overall it's worked pretty well, marginally down for the year but it would be much worse if I just bought the index funds and did nothing (assuming 3x the money to buy QQQ/SPY). I'll get back into SQQQ/UPRO/BOIL/KOLD/UCO/SCO when things get out of whack in the opposite direction again.

TraderNate-

Sure no problem, here are a few of my most recent closed longs that I ended up having to average down on. - I only have to average down on maybe 35% of my trades so this is not including those that I didn't average down or shorts OKTA: Entry $48 - Exit $52.5 (Profit 9.4%) BABA : Entry $68.34 - Exit $79 (Profit 14.67%) BIDU: Entry $89 - Exit $99 (Profit 11.4%) SCO: Entry $22.63 - Exit $25.34 (Profit 11.4%) AMD: Entry $62 - Exit $68 (Profit 7.8%) INTC: Entry $26.13 - Exit $29.76 (Profit 11.8%) TDOC: Entry $29.24 - Exit $32 (Profit 9.23%) NVDA: Entry $127 - Exit $148 (Profit 16.6%) ZM: Entry $77.2 - Exit $89.44 (Proft $15.66)

Jonnyt9111

Totally depends on which leveraged etfs you were in and for how long. I like KOLD, BOIL, DBO, SCO, SDS, just to name a few.

WuTang360Bees

+9.33% on SCO shares since this morning. Just sold calls too (bc i’m greedy)

WuTang360Bees

Up 6.5% on shares i bought pre-market today. Shares! That’s pretty wild. (Thanks SCO and dumbass oil futures traders)

Burnthesystem21

I agree.. looking at buying some calls on UNG, and puts on oil buy buying SCO(inverse oil ETF). Then yoloing almost everything into FXI calls for a China reopening rally

greytoc

>I wish we had the equivalent of KOLD/BOIL but for crude. Those are Proshares ETFs. Proshares also offer SCO and UCO which are crude oil equivalents. There are a few more commodities related ETFs from Proshares - [https://www.proshares.com/our-etfs/find-leveraged-and-inverse-etfs?etftype=&strategy=Commodity&benchmark=&product=Product%20Overview%20&search=](https://www.proshares.com/our-etfs/find-leveraged-and-inverse-etfs?etftype=&strategy=Commodity&benchmark=&product=Product%20Overview%20&search=) I suspect that most people would simply trade futures and options on futures to take long or short positions. ​ >In my ideal world we'd have a full range of 1x and 3x bear ETFs for every commodity, index, and market sector Check the Direxion and Proshares list of ETFs - they offer a broad variety. Although - the reality is that most traders that want to leverage or inverse would likely prefer to trade the futures or index options since it can be more efficient.

Frequent_Audience_25

TMF or TLT, my hunch is bonds have bottomed. SCO, oil is about to cool off IMO. These three are suggested if you want to be an “active” trader. TLT is less volatile than the other two. Good luck.

AmbitiousBasket0

SPY 5 day chart looks like a fucking no-name ETN. fucking SCO looking ass.

Boomtown626

If Erdogan win the elections, his beef with Greece, Cyprus, and the Kurds is more likely to further alienate Turkiye from NATO and push it toward the SCO, which would result in all sorts of issues associated with war and sanctions. Plus, for all the Turkish news about the massive numbers of “ISIS terrorists” being arrested nearly every day there, odds are high Erdogan is already getting away with serious human rights violations within his borders. That’s a no from me, dog.

zer165

No, oil prices are high due to the fact that supply can be controlled rather quickly, especially on OPEC+'s end. But it'll crash too once demand drops (10%+ unempolyment). Look at the price of SCO after 2008.

VisualMod

I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: SCO. We don't allow discussion of low market cap (less than 500mm) tickers to prevent pump & dump spam and scammers.

throwaway_tendies

You can still make money on leverage etfs. Look at SCO (double short oil etf) when oil was 120, SCO was in the $18 range. Now it’s $31, almost doubled in price. As long as the market is moving with the leverage etf the decay won’t be as bad…

Live_Ad_1879

Hurricane is headed for Gulf of Mexico. Here are some energy-related ETFs if you are interested in this as a market play: GUSH: Oil and Gas Bull×2. (If oil prices go up - then this ETF would likely go up). SCO: Inverse oil (if oil prices go down, this ETF would likely go down). KOLD: Inverse natural gas. I'm long oil - for full disclosure.

VisualMod

I am a bot from /r/wallstreetbets. You submitted one or more banned tickers: SCO. We don't allow discussion of low market cap (less than 500mm) tickers to prevent pump & dump spam and scammers.

HoldthestocksHolstok

So far the indicators are showing that a possible military coup can take place in China. More than 6000 flight are cancelled in Beijing during last 24 hrs. Xi left the SCO meet before it officially ended. Trains connecting Beijing are cancelled. A 80km long military convoy is heading towards Beijing.

epic_swag_gamer

Oil stocks seem to have died today, $SCO might be a good pick as its inverse 2x leveraged, but with "UltraShort" in the name im hesitant to buy and hold as it could go down very quickly

bootyggg

SCO hahahaha

david1234cole

Buy call options on SCO

Live_Ad_1879

Volitile oil and natural gas options: GUSH, SCO, KOLD. Research. I'm long oil full discosure

AlfrescoDog

🎾 SCO Oct21 28c for $2.60

ShittyStockPicker

I own SCO shares, hoping a lot worse

Live_Ad_1879

ETFs to consider trading the volatile oil and nat gas markets: USO, GUSH, UNG (bullish) - SCO, KOLD (bearish). There are others to research if you are interested. I'm more bullish for full disclosure.

Live_Ad_1879

Definitely something. I think it's a developing story. A fellow redditor opined that he/she thinks it only 3 weeks of extra inventory. Look at SCO and GUSH (and other ETFs) if you're looking for a market play.

ibeforetheu

India is now starting to friendly up to China, who along with Russia and other asian nations make up the SCO (Shanghai Cooperation Organization). These likely may be our next adversaries as Americans in the next decade

VisualMod

>HEADS OF SCO COUNTRIES HAVE APPROVED ROADMAP TO GRADUALLY INCREASE SHARE OF NATIONAL CURRENCIES IN MUTUAL SETTLEMENTS - RIA CITES SHANGHAI COOPERATION ORGANISATION STATEMENT ^\*Walter ^Bloomberg ^[@DeItaone](http://twitter.com/DeItaone) ^at ^2022-09-16 ^07:45:04 ^EDT-0400