SCO

Informal_Ad69

I’m an ex-employee of VYX TOST will never buy VYX as it’ll be blocked as a monopolistic move, but TOST absolutely kills VYX in the SMB market. Only area that VYX wins is in the enterprise customers (Starbucks, Walmart, Target, etc.) on the SCO business that TOST doesn’t have. Also the leadership and decisions being made over there are abysmal and I left because of them. Before the split Atleos was the cash cow that kept the now Voyix side afloat. They split because no one would by the company when they were together because Voyix is the parasite that ate all the profits and generated next to nothing. They are consistently losing their enterprise customers to the customers building their own solutions. So I don’t think anyone would buy them since their product cannot sell itself and only wins in one area, which TOST doesn’t care about.

RCA2CE

Oh I’ve been doing the opposite - using SCO to short it I’ve done like 3 round trips already and it looks like I’ll get one more bite at it An oil etf made up of big oil companies ought to be a solid play for a few months because they’re banking it big right now

NefariousnessOne1008

My SCO position is flying

VyPR78

SCO bout to moon

DiamondG331

I wouldn’t want to get stuck holding but at least OXY/PSX pay Q divs. Oil could easily spike back up again, but at the same time we haven’t yet begun to feel the effects of the trade restrictions. Takes couple months for the ships to make it to US from Middle East. Supply/demand will likely bring prices back up. I have some calls on SCO.

TXtogo

I shorted oil this morning with SCO, gonna see if I sell it or double down.

DefiantDelta

I remember many mentioning going deep in SCO last week. hope you sold

Phone-Medical

Anyone else wheeling SCO for premiums?

PepinoCholula

time to buy SCO again haha

No_Ocelot2087

I bought SCO 2x short oil yesterday

Tundraspin

I bet 1 contract SPY put 1dte. There would be bombs and red today. I lost $331. But all my stocks were up so im even. I made $4.60 holding inverse etf SCO for 24 hours on $30.76.

mdh1119

yeah it was I did mean SCO calls - the $9 ones dated June which I bought several days ago. Tried to sell them this morning first thing but they actually went down 20-40% in value despite SCO being up 10% this morning. seems like they won't actually move favorably until they go well ITM (And now of course, SCO is back down again with ongoing events). it

mdh1119

leveraged etf options are most confusing thing. why my SCO puts went down in value as SCO shot way the hell up today

Recent_Time_9007

SCO is dog shit. Better off just shorting oil. Look at SCO price action today

jeffynihao

Im the dumbass that bought calls on SCO. Imagine going up 10% but delta is so high it didn't move shit.

veteran_of_disorder

$SCO until oil hits 80

Thepandashirt

It was 8.6 after hours. I’m looking for 85ish on wti and then below that 75. I think we overcorrect to the downside to 75, which is also the 200-week moving average so nice confluence there. That puts SCO at about 10. I have $9 call so should be a nice payout for me if we see follow through to 75. Buuut I do think we could see price stabilize and maybe bounce around 75 if we get there. Some of the supply is actually fucked so it’ll be interesting to see where oil is in a month. I think somewhere between 75 and 90. But who the fuck knows.

Dontpanicout

Any expectations where SCO would land on market open with the crude futures coming? Price ranges?

Lingweenie2

I own both ETHT and SCO. Both smashed today. No insider trading needed. Hard to say if this person had knowledge or not. But I saw it coming from a mile away Trump would pull a taco and back peddle in reverse like he literally has time and time again. It’s really not surprising people would place bets on this outcome. Seemed quite obviously to me.

Thepandashirt

Im short too with some SCO calls. Too many on here were calling for 150, Just like they were with silver and we saw that ended, and how this is clearly ending. Excited for open tomorrow.

NoFlashNoFilter

I 100% get why this was the move. Personally think if oil "normalizes" then there is still plenty of room in the play. I do however have what is probably an obvious question to half the users here, how or why is the performance of short ETFs like SCO not yielding anywhere near similar performance?

jda823

I understand why it's not, but I feel like SCO should be up 25% 

IcarusOnReddit

SCO (30) APR 10, 8 call @ 0.30.  I suspect to have money for many tacos.

TXtogo

I bought SCO and I’ll double down on it, because I’m betting we taco

VincenteThomp

I got SCO calls, so same thing 👍

CapriKitzinger

Would have been better off selling Puts on SCO if you believes this thesis.

addigity

SCO!!

Hungry-Brain-3287

Shorting USO or buying SCO... either way, west Texas crude will likely fall.

wetheworld

What calls for SCO you looking at?

WinterDice

I just wonder if there’s anything he can do. At some point his bullshit will run into the physical reality of closed-in wells and destroyed infrastructure. The only thing I can see causing oil to truly crash hard is demand destruction like what happened at the start of the pandemic. It’s an interesting idea, though. If the SCO calls get that cheap that far out it might be worth a shot. And I’m no expert in anything at all, so what the F do I know?

FiveFingerLifePunch

Isn’t volatility decay a concern when playing longer term options on a leveraged ETF like SCO?

Quartertipsy

Thoughts on USO puts vs SCO calls?

fishsause

Love it! What strike you looking at on the SCO calls?

vincenorristm

SCO opened @ 8, trust the gut

DahyunDabFan

WTI up 13 percent but SCO only down 8 percent. How that work?

dybalapogba21

“Prior to today's massive rally in oil prices traders poured a record $977 million into levered short oil ETF, $SCO. This marked the fund’s largest monthly inflow since its 2008 inception. Now, reports of 🥭"winding down" the Iran War in his address to the nation have been proven to be false. Retail traders are taking large losses today.”

posicrit868

SCO will double in 3 months. 100% gain. Why not all in?

saltylizard13

!banbet SCO -10% 1d

dablackpantha

!banbet SCO -8% 1d

Wholeduckling5

I bought SCO. Hoping for an end soon

NefariousnessOne1008

NBIL and SCO knocking a chunk out of these bs losses the past few weeks

Guilty-Deer-2147

I have SCO shares with covered calls at a very good entry. As long as oil doesn't spike to like $150 in a few days it's hard to lose money with this position. I make the most money if oil stays pretty stagnant over the next few weeks.

sunmbitch

SCO

dablackpantha

!banbet SCO +5% 3d

No_Thanks_3336

Looking at buying SCO at around 130 a barrel. How about you?

Glittering_Total6975

Tell me im crazy for buying 1500 shares of $SCO 7.95 avg

bexley831

Dude buy UCO and SCO 2x oil etf its totally the new jnug/jdst

Unhedged-Fund

those SCO positions are gonna finally print

Guilty-Deer-2147

Crazy how sometimes you can just perfectly time the market from pure, dumb luck. Got PLTR puts yesterday for no reason, cashed out when the stock tanked -5% today, flipped to HOOD calls and SCO (2x oil short etf) EOD and then got the green Shrek after hours.

Pale-Silver-8178

Why didn't get oil puts i.can still buy some SCO

Thepandashirt

Yeah Im taking the other side of this trade. No way Trump goes into the midterms with $150 oil. It would be an absolute slaughter for republicans. Trump is going to do everything in his power to keep oil prices under that $100 level imo. Or lower. I Expect domestic production to ramp and oil reserves globally to be tapped which should somewhat ease the impacts of the all the capacity that got taken off line. We’re not going back to 50-60 oil but I think 75 is in the cards again over the next couple months. My positions: SCO Risk Reversals. April expiration. Sold the $7 puts to buy the $10 calls. Already closed the short puts out for a 50% gain on yesterday’s sell off in oil. Will reopen them if we spike to 120 again and use the proceeds to roll the calls out another month. Good luck. I like to see people in WSB on the other side of my trade lol. And please let everyone know when you decide to sell for a loss. That probably when I’ll take profits.

Pale-Silver-8178

SCO calls they will continue lying this whole week and keep oil down

optimusprime006

If there is a deal, I like to short Oil or trade $SCO up daily.

optimusprime006

If a deal between all countries happen. I like SCO . play the inverse of OIL

Apprehensive_Floor78

Me beared oil with SCO. Me regard. Me learned nuthing. 💎🫤

Boomer_With_Dementia

I bought 100 SCO on Friday. I wanted to buy SCO calls but they were really expensive. So I bought 100 SCO and might buy 200 more and sell covered calls I didn't put a lot of thought into it, to be honest. So we shall see if I stick to it.

Vegetable_Push6542

Methinks it is time to buy SCO and go short on oil. Neither USA nor Iran is going to have the appetite to continue this indefinitely.

crazier_ed

I have a single SCO share and it looks pretty hurt rn ...

Few_Bid_4520

USO. SCO. You'll be just fine.

ComfortableNo5231

Yeah, I'm just managing it ruthlessly. I'll sell my 3-6 months call options for a loss if META goes to 580 and MSFT to 380 and look for better entries. I'm also heavy in $SCO with a stop loss set at 7.49

ComfortableNo5231

Full porting SCO for weekend TACO

InspectorNo9958

Anyone betting on SCO yet? This Iran crap can’t go on forever. Once they capitulate and tankers start freely moving, the price of oil should quickly drop 30-40%. Seems like a good bet with limited downside. I doubt oil is going much higher. Thoughts?

staburself321

Average down SCO 🫠

dablackpantha

SCO

dablackpantha

About to buy SCO too tbh

ComfortableNo5231

I have full ported SCO with a stop at 7.5 I either become a millionaire or lose 6% of my money. See yall in a couple days

ClamSlapper71

Full port $SCO and thank me in a year.

breeezy420b

I keep buying SCO and it keeps going down 🥴🥴🥴

ComfortableNo5231

Is today the day I fullport SCO

FlyWannaBeRichGuy

Million in SCO. I want 5% mofo!

FlyWannaBeRichGuy

Leveraged 1 million in an SCO trade. Let’s go oil! Tank bitch!

Frosty_Claim_7997

I’m new to this but looking for someone’s opinion that has some experience with this strategy. What do you think about buying calls on SCO as it’s an inverse leveraged stock? Maybe buy them far out like Jan 28? Pros cons? 

johnny63137

buy DRIP and SCO and watch $$$

Level_Society1459

SCO for short term play

Upset-Visual

So SCO is going to crash now?

jda823

I got to add more to my SCO position. Nice.

Thepandashirt

I’m with you on this. I’m gonna start shorting if we spike over 100 again. Will keep averaging down if it goes higher than that. No way trump lets oil stay over 100 a barrel for long. Looking at SCO calls for maximum leverage.

LongevitySpinach

Also selling puts on SCO (short oil), intent to wheel it if assigned.

Puzzleheaded_Tie5967

All these oil penny stocks pumped before the Iran conflict and have tanked since. It’s too late to enter into UCO or USO. SCO is in play as oil will eventually go down. MOS stock fertilizer and urea is the next play.

Captain_Lameson

buy UCO or SCO?

yushey__

i have SCO shares. am i printing.

Sea-Contribution6036

I just found out about $SCO. Probably too early to inverse oil this week, but maybe the next one?

Puzzleheaded_Tie5967

Silver is too volatile to be gambling. It can drop as fast as it goes up. If you have time I would load up on SCO. Oil is eventually going to go back down. Who knows when could take until the end of summer. Trading options is risky you can lose everything in a day. Stay away from the oil pennystock. The majority have gone down and ran up before the Iran conflict started.

jda823

Good time to buy SCO

Guilty-Deer-2147

Anyone shorting oil with SCO? Already up $300 just shares and covered calls.

bossasupernova

Who is shorting oil here? I’ve started accumulating some SCO.

yushey__

Anyone else buying SCO?

Guilty-Deer-2147

Just full ported to being bearish on oil with DRIP/SCO. How retarded is this play?

Unhedged-Fund

anyone else pilling up on SCO ?

dablackpantha

SCO time?

CleverInternetName8b

I’ve made a good return on oil since Covid riding UCO and SCO up and down but I feel like that was in a rational world that doesn’t exist anymore to the point I might actually buy both of them which would make no sense for a leveraged ETF designed to deteriorate if it wasn’t for the lunatics running everything.

MagicMoon

What is the bull version of SCO ticker?

SargeMaximus

SCO is free money till they stop smacking it down

MagicMoon

I wonder if SCO is still a good play. I made a lot of money on it yesterday

Platopoker

I personally took a counterintuitive approach. I bought DAL, Puts on USO, flipped SCO (bought near the open and sold when it recovered), and bottom fished SOFI which I plan to hold long term. I would also love to pick up some more AI related stocks on the cheap. I am buying stocks with long term potential rather than short term gains due to the current war situation. Hard to know exactly what to do but I do know that the market will most likely overact to the war just like it usually overreacts to most geopolitical events. I think the best suggestion I can give is to keep some dry powder, put together a shopping list of stock you want to buy on the cheap, and wait for the next dip. Since the stock market is very efficient most war related trade are probably already priced in. Try and figure out what you think will happen next and invest accordingly.

Nemesis_171

Of course missing the news by 2 minutes means I somehow by the top on SCO

CompoteSpecialist618

SCO calls it is. I am joining Gareth Soloway and shorting oil

DiamondG331

UCO call credit spreads for April. No brainer! Or long shares of SCO.

Fabulous_Fee_7000

im still short, i dont have stops because im not a lil bitch! SCO calls babay

Fabulous_Fee_7000

calls TQQQ BIT XXRP SCO lesh go babay!\~ iran has capitulated