UCO
ProShares Ultra Bloomberg Crude Oil
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Navigating the Turbulent Oil Market: Challenges with Diesel Prices, Shrinking Margins, and Evolving Trade Practices - The Case for DRIP
Navigating the Turbulent Oil Market: Challenges with Diesel Prices, Shrinking Margins, and Evolving Trade Practices - The Case for DRIP
Public Trading Operations for Next Week (4.24-4.28):
Public Operations for Next Week (4.17-4.21)
2023-04-12 Wrinkle Brain Plays - In the style of Gordon Ramsay
Next week's trading (4.10-4.14) + how to deal with oil production cuts
Next week's public operation (4.3-4.7)
Is now not a good time to invest in oil ETFs for a quick profit?
2023-02-06 Wrinkle-brain Plays (Mathematically derived options plays)
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. ?
Energy Stocks vs Underlying Commodities
SSL and UCO long term. Bought at covid crash 2020. Sheesh time flies
Basic thesis: We need energy. Help me from here..
If gas prices are so high rn why are oil stocks like GUSH UCO and ERX much lower than when gas prices weren't as high?
How to Invest in EU Oil Prices?
Oil is the new Gold or Tesla or Whatever one can say
Short Car Manufacturers and stay long on Oil
I'm selling everything and I'll tell you why (hint: I may need the money soon)
Oil has value, so when the markets said it doesn't, I called BS
Selling naked calls on UCO / short oil
“Boomer Move” (UCO) Update - Russia VS NATO Part 1
Traders Bet That Oil at $100 Is a Question of When, Not If
Biden Oil Release is a joke. UCO to the moon.
Cybin, I’m telling you, it’s a big opportunity, from 1.83$ today to a target price of about 8-12$ in less than 12 months
WSJ: ‘Crazy’ Bets on $200 Oil Invade the Options Market
Do I sell UCO and put it all on Root?
🚀📢 $🔥 padlock token 🔥💲🚀BEP-20🔥🚀 presale |💲private sales soon🔥📢
Bought UCO calls on Thursday. With the hurricane coming, should make great money!
Gas gas gas!! Demand will spike even more when this COVID variant goes away, long term hold. Nrgu, UCO!
Anyone else still holding UCO1 stock options?
My fellow Apes and nimble Retards I share this gem with you (UCO) I bought at 18 a share and sold around 40 unfortunately I needed the money. I believe this can hit $541 a share like it was in January 2020 before the pandemic hit. I'm finally back in with 15 shares. See you at the moon
$GUSH and $UCO cannot go tits up
Why don’t you all just hop in and put UCO in the moon again ? 🚀 it’s going to the 300$ or more e/o
UCO is leveraged. What does that mean? Could I lose more than my initial investment?
UCO is leveraged. What does that mean?
UCO is leveraged. What does that mean? Could I lose more money than I bought the shares for somehow? Thanks for the help!
What does this mean? UCO is leveraged.
Roblox just surpassed 100 call resistance🚀🌚
Roblox just passed the 100 call resistance and I think it will continue to go up to the beautiful moon 🌚 🚀 I have UCO too since 28.5 and now it’s 69, a beautiful number
BIG OIL PLAY. $USO $UCO $GUSH - ALL THE SHIPS ARE BLOCKED OFF FOR AT LEAST THE NEXT FEW WEEKS, 230 Million+ Tons of oil STUCK, MEANING THE SUPPLY FOR OIL GOES DOWN AND GUARANTEES ITS PRICE FLYING UP. LETS BLOW THIS SHIT THROUGH THE ROOF.
Oil been making moves not something to be overlooked. States reopened people back to work and travel. Winter storms caused problems in Texas even some hedge funds are getting in.
Mentions
Oil now almost down 2% but oil still not going through strait. Meh i got UCO April options so im good..
All you had to do was buy calls on UCO or some oil stonk. But you decided on SPY and F.
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.
Not sure, but the true regards—such as myself—have UCO
Yes but the roll cost is negative in backwardation. Except for UCO's leverage which is really bad, the possible gains and losses are symmetric in the short term (backwardation/contango, higher upside than oil stocks from supply shock/higher downside from sudden collapse in demand).
USO and UCO don’t own oil. They own futures contracts that they roll every month. In contango (next month’s contract costs more than this month’s), every roll is a guaranteed loss — sell low, buy high, repeat. That roll cost runs 2-3% per month, compounding to 20-30% annual drag. This is how USO returned only 15% over three years despite multiple oil spikes. UCO is 2x worse because it doubles the roll cost AND adds volatility decay from daily rebalancing. In a choppy market, which a war-driven oil market absolutely is, a 2x leveraged product can lose money even when the underlying goes up. Day 1: oil +5%, UCO +10%. Day 2: oil -5%, UCO -10%. Net: oil -0.25%, UCO -1.0%. That asymmetry compounds relentlessly. If you want to express a bullish oil view without contango eating you alive, look at equity proxies: XLE, XOP for broad energy, or individual E&Ps like EOG, AR, EQT that own physical reserves and benefit from higher realized prices without the roll bleed. Or if you want the short side of the oil shock, play the countries that can’t survive $100 oil INDA (India) imports 90% of its crude, half through Hormuz, and is at its 52-week low with record capital outflows. The worst thing you can do is buy UCO thinking you’re “leveraged long oil” and hold it for months. That’s not a position — it’s a donation to the futures curve. I learned the hard way playing with MSTU and UVXY until I did the math, they always went down harder and bounced back weaker so not really 2x
Agreed. Likely to see Crude at $135+ and market slide 7% by Mon/Tue. I am long UCO and short SPY.
But WTI is in backwardation and USO is front month whereas UCO is holding contracts out to 2027. Check the holdings of each. USO is the better play for options.
I yearn for the days when all I needed was Microsoft and Apple for a 50-80% yearly gain. During this war you should be in oil. My main oil is UCO. Fertilizer, mine is CF. Drones, mine are UMAC and RCAT.
I sold my UCO shares before close on Friday. Now I'm hoping for a dip to re-enter 😭
None, I'm way up. When warships were moving towards the strait of Hormuz and off the coast of Israel I had a hunch trouble was brewing so I bought some UCO oil fund. Once the war started I sold my AI picks and shovels and others and bought more oil, drones (UMAC, RCAT) and fertilizer (CF). Once things simmer down, Ill go back to my original portfolio.
It's always the time for DCA if you are under 50.. Glad to hear you are mainly in Real Estate With the Iran Fiasco al little money in UCO wouldn't hurt
UCO is 2x leveraged for double the fun
USO/UCO is the lazy play and contango will eat you alive if this drags on. The smarter second-order trade is shorting the countries that can’t survive $90-100 oil. India (INDA) is the most exposed large economy on the planet right now — 85-90% oil import dependent, half through Hormuz, 8 weeks of reserves. Already at 52-week lows with record FII outflows. There’s also an under-the-radar catalyst on April 1 where India’s securities regulator (SEBI) forces all gold and silver ETFs to reprice off domestic Indian spot instead of London benchmarks. Indian gold ETF inflows already surpassed equity mutual fund inflows in January for the first time ever. You’re basically watching $365 billion in Indian savings rotate from stocks into metals in real time. INDA September puts are the higher-conviction expression of the oil thesis without fighting contango.
Why $UCO and not $USO?
the osint guys have been more accurate on this whole conflict than half the analysts on bloomberg. most people focus on the headline strikes but the real oil price driver is shipping insurance rates and rerouting costs, that's where the squeeze comes from. good call on UCO, the gulf situation isn't calming down anytime soon
I did in my ~5 year plan trading account. I had some speculative holdings, a junior mining company probably 2 years from production and lots in XEQT. Pulled the plug at the start of the war. Made 5k on some UCO calls and rolled everything into a Canadian oil ETF. History has taught us, the wars are never quick. I'll hold the oil ETF for maybe 2 years then start buying other things again. My hope/dream is a change of leadership in the USA will also change negotiations.
Bro I got spy puts and UCO call options. I am all for this doomer talk and will be making a shit ton of money if my own predictions come true.. however at this moment.. let’s keep in reality please.
I saw what I needed to see in USO UCO near after hours close. You kids have fun in your hyperliquid splash pools with $7M in 24h volume
why not just buy $UCO Oil 2x
WTI up UCO flat is the secret orgy signal. The password is *Lehman Party.*
USO is for rookies, try $UCO if you want them real gainz
leveraged to the tits on UCO calls
UCO is definitely going to $45 tmwr guys. Right guys?
ProShares Ultra Bloomberg Crude Oil (UCO) You're welcome
I see a lot of big oil/shipping stocks that have been pumping hard since December and have mostly steadied since the war started. Personally I’m all in on BOIL and UCO (even though it doesn’t leverage cuz ???) because we’re only now feeling the effects of this shutdown and it’s clear the administration has no idea how to fix this other than very complete pretty much.
Your lips to gods ears, I’ve been all in on UCO all week, if oil hits $300 I’m gonna buy a lambo
I took UCO for 14%. Entered yesterday afternoon and left earlier this morning. I think 🥭 has more time. Exposure to oil would support your thesis. Puts against anything physical that has to move via plane, car, boat, as well.
Added IPI (Potash) today. Been trading UCO since last week, added VG as well and holding for now. Can't depend on this fickle admin to do anything right, might as well make some money and cut some of the losers (too many right now).
i exited my March 25 UCO Call fir 200 profit
The play is UCO, oil is up, probably will stay up until it is clear to transport again. Also, domestic oil & gas producers, like DVN, and now Fertilizers. Except, largest producer of potash fert. are up in Canada. Our former best trading partners. So they screwed that up too. So much winning....
India women have phat asses $UCO
been holding UCO since those fuckers rugged me Sunday night, starting to feel a bit better the whole thing now.
I full ported into UCO on a whim before market close and that's going to somehow work out
UCO for 2x while USO is the regular
Is something wrong with UCO the 2x leverage is not working should be up +12%, ProShares better not mess this up
UCO calls was obvious, did i do it? NO off coarse no
$UCO, up 12% today, 27% this week, and 65% this month. It hit $54 during the Russia/Ukraine energy scare in 2022, I think we will easily see that again if not much higher before this is over. It’s a big game of don’t be left holding the bag. Trailing stop losses are your friend.
So glad I full ported my remaining cash into UCO at close
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.
Sitting in UCO shares and waiting for more terrible headlines. I hope I am wrong but know I am right.
UCO. Got burnt. Be careful
IEA proposed 182M barrel release this morning. By this afternoon it’s 400M. They doubled it in one day. That’s not a plan, that’s panic. Here’s the math since nobody on CNBC owns a calculator: Hormuz moves 16M barrels/day. Currently closed. Mines in the water. Max SPR drawdown rate: 2M barrels/day. 16M lost. 2M replaced. That’s 12.5% of the shortfall covered. The other 87.5%? Gone. Sitting behind a mined strait going nowhere. 400M barrels burns through 1/3 of the entire global strategic reserve. Then they have to REBUILD those reserves. Which means more buying. Which means higher prices. Congratulations, the solution IS the next problem. And even if the war ends tomorrow…the mines are still in the water. Iran has 6,000 of them. Clearing takes months. No insurance company on earth is covering a tanker through a mined strait. Ships aren’t moving ceasefire or not. You can manipulate the paper price. You cannot print barrels of oil. Garden hose. House fire. Positions: UCO calls. Because I can count.
lol I’m still buy UCO options it’s only 10 tens and they are already planning to use a shit ton of reserves the world is going to be in a world of pain
Oil production and shipping is down, and it’s going to stay down. No amount of admin twitter games or hemming and hawing can change that fact. And for that reason, all in on $UCO (2x WTI futures).
I bought UCO calls $55 strike April mines in strait don’t care let’s go
Or UCO if you like leverage
ok im interested, i'll lose some money on UCO today
Not at all, I average a $.45 credit, put max 30 condors on one strike date, have rolling spreads each day. It adds up. But it’s a far safer trade and high probability of profit. Sometimes making money is also not losing it. I’ve gotten wrecked by over extending myself and getting greedy. Some of it is luck, yesterday I put on a large UVIX call credit spread when it was over $10, dropped hard and it’s up 72%. Same for UCO, NVDA I had some major gains from earnings condors.
I’m also proud of myself for selling my UCO shares at 9:30
Are $35 UCO calls cooked, chat?
Be ready to buy UCO/calls fellas once this minor oil cooldown is over. G7 reserves are like that meme with the Cheeto on the door lock stopping SWAT from busting the door down.
Just a heads up I liquidated 85 percent of my stake in USO and UCO. Talk of White House using export controls. WTI Crude will continue to rise I think- just to much unpredictability around the orange man.
anyone doing UCO puts exp 3/20? I feel like this is temp and its price will drop as fast as it rose
UCO call credit spreads for April. No brainer! Or long shares of SCO.
I will also be adding some UCO call credit spreads and UVIX. These will go out towards April but since they are leveraged you collect a higher percentage of the spread. $1 wide on UVIX would get Me around $.66, whereas an SPY spread would be maybe $.55 if I have the same strike dates and deltas. Hope that makes sense. If I didn’t say this before, avoid the Nasdaq QQQ SQQQ TQQQ.
Would it be a regarded move to buy UCO at open and sell CCs?
Perfect time to buy back into oil baby ! Watch it go red and I am in for another round April exp $UCO
no shot UCO keeps ripping monday
what ever u guys do, please don't buy puts on USO or UCO, IV is too high because of high jet fuel cost regional airlines stocks are dumping so a good proxy trade is calls on regional airlines like $DAL or $LUV a few months out! thank me in a few months!
to...increase the earnings potential of your now reduced liquidity pool and recover from the mistake you made before the opportunity to do so passes? You could have made a disgusting amount of money on UCO over the past few days with as little as a few hundred seed.
Looks like UCO & SCO both halted now.
Be in UCO (2x bull etf oil price)
Man, a lot of volatility out there, glad I put everything in UCO and USO calls. Just wish they would stop fucking with UCO...2x leverage my ass, returns are lower than WTI futures
108.25 up 19%...went long UCO beginning of JAN @ $19.45 bought shares every week till Feb 6 total share avg price $21.....ALSO , long CLJ6 and CLK6..long CLJ6 long feb @ 62, CLK6 @ 62 also mid feb
https://preview.redd.it/y23cttgpuwng1.jpeg?width=1206&format=pjpg&auto=webp&s=e265419c538c7e9e7d145f53f9883f13d7d1e976 UCO is NOT returning 2x as promised. I understand with rebalancing and fees it isn't "true" 2x but this is pure bullshit. Gonna jump into USO tomorrow.
Should've listened to the ones who told you to buy far OTM UCO calls.
Great trade. I’m a chicken shit and had a buy order at $72 a barrel and was telling everyone last Friday Strait of Hormuz was going to close completely and oil would spike but I didn’t go with futures and bought UCO instead which I am up over 300% but sold all but one early. https://preview.redd.it/w267mf04qwng1.jpeg?width=1206&format=pjpg&auto=webp&s=21a8183c8d559a30587df246a2a99871b0364a32
Ok so what strike price and exp date for UCO option good to buy?
And here I thought buying those $45 UCO calls on Friday was throwing away $..../s what does crude start trading at? 100? 110? There is no one in charge in Iran, so this is going to continue until the local units basically run out of firepower.
My tax refund came in on Friday, thinking about spy puts or UCO calls
Well fuck me I lost a lot of potential gains on my UCO options I sold on Friday .. oh well knew this was goin to happen. I just didn’t like the possibility of some bullshit oil futures intervention so I took my 22k in profit. What done is done! On to the next
You can buy UCO from your trading account, you’re not getting 60/40 for taxes but at least you can get some exposure
Been sitting on 1000 shares of UCO @$19. Going to be a glorious Monday !!
UCO & SQQQ !!! I love smell of victory in the morning
Oil, USO, UCO calls at open feel like such an obvious play that we must be missing something. If everyone knows oil is going up isn’t it already priced in??
OIL ETF and commodities ETF's are 2 different animals. UCO has 2 swap agreements totaling 76% of its exposure; the rest of its exposure is in futures contracts. My capital base is not small by any calculation. Taking advantage of a short-term MAJOR event.
Go to your local oil store and buy a barrel In seriousness, buy USO or UCO for direct exposure to oil futures prices. Buy XOM, OXY, XLE for exposure to producers which will lag oil prices a bit but should benefit longer term by high prices and snap upwards like a rubber band.
So I sold my oil calls , I guess I will short delta airlines to the ground. UCO options are expensive now
Oily E&Ps as well as the upstream drilling, service and equipment industries benefit. Even others in the oil industry like refiners and tanker / shipping are harmed, pretty much everyone else in the market shits the bed. Don't think most comprehend how high prices can go with a prolonged closure of Hormuz. You're young , you don't remember the long gas lines with the 70s Arab Oil Embargo, and that was with a 2% curtailment of US supply. 20% of world supply passes Hormuz, and the rest of the world can outbid US consumers for US oil. If Iran has mined the straits, the US no longer has many MCM ships left, the last were built 40 years ago. $200 WTI for a few weeks/months isn't out of the question. What I'm doing: Stay nimble. Raise cash for optionality. Take profits now on more dubious growth holdings, speculative investments fare poorly in marketwide corrections. Not too late to look for lower price-to-sales E&Ps for more sector exposure, they're now pricing in the $75 avg of the futures curve, not $200 for a season and a return to $90. Hedging with oil commodity ETFs like BNO and UCO, watched daily with stops. Not a bad time to increase short exposure to at least bring one's non-energy portfolio market neutral. I'm actually looking forward to the growing panic as for those with cash, that's when the outsized opportunities appear.
Made $13k yesterday on UCO. Still have 17000 shares of WTI. Hoping it will jump on earnings. The actual defence stocks weren't doing much. Sold them for minor profits.
I made $13k on UCO yesterday
I bought UCO on Tuesday, sold it yesterday. 10% profit. Holding 17k WTI stock I bought earlier in the week. Holding for their earnings call next week. Crossing my fingers.