Reddit Posts
Betting 250k that the Islamic Houthis group will blow up an oil tanker by new years $USO
Expected moves this week: SPY, QQQ, TLT, USO and earnings from Citi, JP Morgan, Wells and more.
What stocks do you compare your performance to by default? (SPY, ICLN, USO here)
Why the Oil Rally Might Not Be as Bullish as It Seems
As USO sees its largest fund outflow, WTI crude oil nears $67/barrel on a downtrend
2023-04-27 Wrinkle Brain Plays - In the style of Velma Dinkley
Record Inflow of Funds into Gas ETFs: Easy Money or a Dangerous Game?
2023-03-31 Wrinkle Brain Plays - In the style of Goofy
U.S. oil reserve refill could take 'a few years,' energy secretary says (NYSEARCA:USO)
Cost estimate for Canada's Trans Mountain Pipeline balloons to C$30.9B (NYSEARCA:USO)
Janet Yellen's Complete Testimony to the Senate on Joe Biden's Game-Changing Budget Proposal
Hawkish Fed talk, disappointing Chinese imports weigh on crude oil (NYSEARCA:USO)
2023-03-09 Wrinkle-brain Plays (Mathematically derived options plays)
Crude oil rebounds after UAE denies reported interest in quitting OPEC (NYSEARCA:USO)
THE CASE FOR GOING LONG CRUDE OIL (UNITED STATE OIL FUND)
2023-03-01 Wrinkle-brain Plays (Mathematically derived options plays)
Oil flat this week as U.S. inventories rise but Russia set for supply cut (NYSEARCA:USO)
2023-02-27 Wrinkle-brain Plays (Mathematically derived options plays)
Morgan Stanley gives big boost to global oil demand outlook (NYSEARCA:USO)
Is now not a good time to invest in oil ETFs for a quick profit?
2023-02-08 Wrinkle-brain Plays (Mathematically derived options plays)
Crude oil takes another weekly drubbing as U.S. stockpiles swell (NYSEARCA:USO)
US still buying back oil at $70 to replenish reserves?
2023-02-02 Wrinkle-brain Plays (Mathematically derived options plays)
Pump prices keep rising higher, boosting outlook for U.S. refiners (NYSEARCA:USO)
Crude oil could continue to trend lower if Russian supply remains strong (NYSEARCA:USO)
Global oil demand likely to hit record this year as China reopens, IEA says (NYSEARCA:USO)
2023-01-17 Wrinkle-brain Plays (Mathematically derived options plays)
Should a person be investing in oil now that it is at a 1 year low? My personal opinion: Yes
2022-11-28 Wrinkle-brain Plays (Mathematically derived options plays)
2022-10-19 Better Tasting Crayons (Mathematically derived options plays)
2022-10-10 Better Tasting Crayons (Mathematically derived options plays)
How to Fight Russia with Gold and Oil
A little tic-tac-toe technical analysis for the week ahead
So with recession confirmed, I'm guessing it's time to buy puts on oil?
What’s your portfolio construction (# of stocks/sector weights/non-equities)?
when you have $USO puts and you start pawning your shit
The case for $150+ oil and why it’s going to crash back to $35 next year. This is your chance to make it boys.
Week of 6-6: Most Important Charts to Watch #003
Demystifying Technical Analysis: Understanding Overhead Supply and Flag-Based Trading Patterns
Anyone buying crude oil futures too? (Not USO)
War for Fun and Profit: Discuss Best Plays for China’s Looming Invasion of Taiwan?
War for Fun and Profit: Discuss Best Plays for China’s Looming Invasion of Taiwan?
Why the recent disconnect between natural gas and oil stocks?
Anyone know something about Natural Gas?
Anyone know something about Natural Gas?
The hiking cycle is almost over, why the fed is full of shit
Oil and gas relations? Do gas companies follow oil prices, lag behind them, or are they completely independent?
Investing in oil, gold and other things for the storm to come once China COVID lockdowns end
How to Invest in EU Oil Prices?
Googled USO and this comes up. Hope dad is a HODL’r. Bout to hit $100
What's the war end-game and why we aren't anywhere near the bottom
Expected Moves this week: USO, XOM, CVX, WEAT, FDX, and more.
Should investors pile money into SCO during these high oil prices for the long term vision?
On March 9, 2022, $USO dropped 11.66% and $SCO went up 20.31%, but $DRIP only went up only 1.77% - Why the divergences?
It might be a good idea to buy the Oil ETF $USO on the stock market, it tracks crude oil movements.
It might be a good idea to buy the Oil ETF $USO on the stock market, it tracks crude oil movements.
Expected moves this week. SPY, USO, XOM, CVX, DOCU, ORCL, RIVN and more.
The case for AMLP, an ETF for the oil and gas midstream sector!
$USO is the Oil ETF that tracks the price of oil! Hedge your money against rising fuel prices and get into oil! The US just sanctioned Russian oil and it's just a matter of time before everyone else in NATO does.
$USO is the Oil ETF that tracks the price of oil! Hedge your money against rising fuel prices and get in to oil!
$USO (United States Oil) up over 90% over the past year!! Better returns than Bitcoin and Ethereum over the past year!
Mentions
Went all in with my last 1k on USO calls, Fucking hope mangoman will bomb the dessert guys
Went all in with my last 1k on USO calls, Fucking hope mangoman will bomb the dessert guys
Buy Oil USO calls, thank me on monday
WTI Volume is going bananas, buy USO calls for monday thank me later.
Oil price action suggests something might happen in Iran. USO calls loaded
I’m looking at USO July 17th, if not 50-50 delta each, close to 50-50 delta
I know everyone is talking about SLV #BUT I just placed a Bear Call Spread on USO 75 82/84 Feb USO bear call for $.52 credit
CAG: Conagra is breaking out, calls are cheap. WEAT: Calls USO: Bought calls on the dip the moment T said in the live conference with oil exes 1hr ago that even more US Navy ships on the way. It's the Venezuela playbook. Blockade + Delta Force.
USO: (calls) The last Shah's son is thanking Lindsey Graham for yesterday's promise that help is on the way. No TACO this time. It's also personal. He's got to vaporize that regime to protect his family's lives. Imho, the decision has been made. Strikes to kill or capture regime leaders and on the revolutionary guard coordinated with a huge public uprising will result in a oil spike. Iranians will be cheering USA as the regime finally is destroyed, forcing Putin to end the Ukraine war. https://preview.redd.it/ivl4c4owuigg1.jpeg?width=403&format=pjpg&auto=webp&s=dffb9b8b7b207904e23b1ec39f974d49a821908c
USO / WTI, oil is gonna pop
Well, done for the day. Sold my QQQ calls last night for a tiny loss, and dumped all my GLD, SLV, and USO calls this morning for like a 300% gain across them all. Have to see how things shake out for the play tomorrow.
Get your USO lottery tickets for the incoming strait of hormuz closure!
Confidence in USD eroded...holding GLD, SLV, and USO for the conference today.
USO. Oil breaking out. Iran war drums beating. Regime change is necessary. USS Abraham Lincoln in place. Bombs will fall on the heads of wealthy Iranian mullahs with surgical precision. CIA spy network there under threat. Killing and torturing our loyal spies (I assume). Take regime down and Putin forced to quit Ukraine. Rick Rule says oil at $60 must rise. Harold Hamm says he has no Wells operating at this price. Not economical. If XOM can't get prices up before 2 years the well infrastructure decays and the next distant oil shock USA can't bring oil to market causing enormous price spikes post 2028. Let them have it. USO options printing right now. https://preview.redd.it/b4sklwuefwfg1.jpeg?width=720&format=pjpg&auto=webp&s=fd7f7c769e5dde5cc1462192281c574f92a5c81e
USO. Oil breaking out. Iran war drums beating. Regime change is necessary. USS Abraham Lincoln in place. Bombs will fall on the heads of Iran with surgical precision. CIA spy network there under threat..take regime down and Putin forced to quit Ukraine. Rick Rule says oil at $60 must rise. Harold Hamm says he has no Wells operating at this price. Not economical. If elites can't get prices up before 2 years the well infrastructure decays and next distant oil shock USA can't bring oil to market causing enormous price spikes post 2028. https://preview.redd.it/r8flxbuocwfg1.jpeg?width=720&format=pjpg&auto=webp&s=1c326d9ce34c0241f1137ac24bbc5c99f80139ed
There's a pretty solid ceiling on 30y yields at 4.85. Anything above that and banks can make too much free and easy money on the spread between those yields and the fed rate to not buy. There's also a pretty solid floor on oil at 60. Anything below that, and production because cost inefficient for some places and they start to shutdown, diminishing supply in return. I started with about a 10k capital basis and have made about 15k in the last 1.5 months by playing the chop in USO and TLT.
USO He's in big trouble. He needs a win. His wife's movie drops on Wednesday. The trailer looks awful. She's going to blame him for stirring the pot and destroying her movie debut. He's sending the naval armada to be close to Iran. He needs to take the mullahs out now. He knows the midterms are a bust. He's going to be up a third time for the big. Time to War. Distract. And USO realized vol is ~20% but IV is 42%. A geopolitical eruption is coming. Oil is the hated commodity. And the wife's movie started the chain of events. No TACO this time. Oil to 100.
USO, INDO. Oil is, I believe, on its way up. Iran will be hit hard by US missiles launched from the naval armada moving into position in advance of headlines (see below) that demand a response. Rick Rule is calling for hated oil stocks to be the next to rise. INDO will squeeze again. USO calls will pay. https://preview.redd.it/tqliitt2gofg1.jpeg?width=720&format=pjpg&auto=webp&s=7e7a7cd9ec98d75347b303e834b8959a550b1ca2
Oil going to surprise everyone. For oil sitting in USO, XOP, XLE, XOM, CVX, and for copper I’m sitting in COPX as well.
Load up on USO ahead of war with Iran
Canadian oil stocks absolutely ripping faces the past few weeks. Iran strike definitely coming soon, this weekend or next. Loaded the boat on USO deep itm calls, expiring in March
So can you just short USO if it’s always going to zero?
USO calls bc 🥭 talks about oil and shit so it’s gonna be money
I think CVX is best placed for VZ oil projects, they have been there longer than anyone US based. More hopeium than real money. The market will like the idea. I also expect USO to continue to rise, I have calls for 75 end of month. Oil markets like stability more than anything. Long term I am not very positive on the oil stuff coming from VZ. But that doesn’t mean there isn’t money to be made short term. Cleared half my CVX calls for 100%. I might not be retarded enough for this place though.
USO about to rip God bless the troops
Yeah, unless option liquidity is really good, sometimes you have to go more than one strike apart. It's actually usually more cost effective on larger priced tickers too. I actually have a 68/69.5 debit call spread on USO right now
USO on the path to be delisted thanks to Venezuela
Maduro’s portfolio is probably 95% USO and GUSH calls
USO is too expensive to be appealing rn tho
Futures, USO, XLE if this guy is right
Short USO and long oil services like HAL, SLB, WFRD.
Everyone on WSB will buy USO calls on Monday, US gas ETF will go down probably
How will this affect USO?
Can I have a ITA pump at least? Or USO ?
yo wtf I just woke up and we bombed the shit out of venezuela??? USO calls?
USO tracks crude oil price XLE is energy stock etf Boil & kold track nat gas
USO OXY XOM lobbyist will get paid. They sat on their hands this year but too powerful
No good vehicles to long it though - USO sucks balls
USO options or holding the ETF long term? Careful that shit decays
I've used AI to generate some trades based on ideas I've had. I give it a scenario and a budget, it tells me which option, strike price, and expiration would be most profitable if that scenario plays out. So far, it's been 8/8 on those calls, with averagr option profit between 300-1200%. I should repeat though - I don't use it to tell me what will happen, only how I can profit the most from my own ideas playing out. One great example: Oil hit what looked like a bottom in september/october. I asked AI to find me the optimal stock/ETF, strike price, and expiry. It suggested a USO $30 call, expiring last week of November. Bought one for giggles, thinking it wouldn't work. Sold the following week for aroind 3x what I paid for it.
he has the gift of manipulation. He moves the market for his friends. i like the ride. if you want Oil to go up, grab an Oil tanker. might buy a put on USO for my account. April expiry
Not a commodity expert but there are ETFs for them. GLD, SLV, COPX, USO, UNG, etc.
I had USO puts going in, then they just said, "nah just kidding this shit doesn't count, get fucked mate" - so basically everyone got screwed.
I have a vert spread on USO. Other ETFs are UCO and GUSH. You can also use stocks of companies like XOM, MRO, CVX, and COP.
USO 75call Jan 16th
I remember I bought USO puts, and the ETF go disconnected so I hardly made anything. What did you trade?
What's a good ticker for oil? Finding it hard to pinpoint a stock I like for crude oil. USO just seems bad.
What's the downside to buying some USO rn, been waiting for it to dip below 65$ and just hold till it swings
Winter season has started, just bought some USO around 68.9, for the seasonal bet.
USO . . some day, some year it will be back. I didn't think it would be such a bad year for oil.
The USPS has a Universal Service Obligation. It is mandated by law to service every addressable location. Today, Amazon has no need for USPS in locations where they have established distribution centers and the like, but the delivery to remote rural locations is impractical for them. Technically, it’s also impractical for the USPS, but they’re required by law, so regardless of profitability, you can get your deliveries in BFE. It’s just that the cost to deliver to those locations is socialized / subsidized by profitability in other locations. To make this work, Amazon will probably have to stop offering last mile delivery to remote locations (which they can do since they don’t have a USO), and only offer delivery to a local hub of some sort. Then it’s up to the recipient to go pick it up.
USO seems the most reasonable Over all of 2024, Venezuela supplied on the order of a few percent of total U.S. crude imports (roughly 3–4% range), making it a meaningful but not dominant supplier.
USO below 70 feels like it should be a buy, but the only catalysts at this point are missile strikes in Russia.
Buying an option on the ETF (eg USO) is buying the option on a rolling of short dated futures strategy. Buying a long dated WTI futures option is buying an option explicitly on physical crude deliverable on that future date. Those are two VERY different things.
Chance my USO 70c's print tomorrow?
Do you have the math to back up that .8 correlation? I honestly don't know the exact number, but intuitively I think it's much lower. The best free calculator I could find when I did some research a while back was only allowing me to do 4 underlyings. I concur that the 4 major ETFs (QQQ, SPY, IWM, DIA) are about a .8 correlation, but that's why I add in the inversely or uncorrelated names like IBIT, GLD, USO, IYR, TLT, and VIX. If you include the VIX, then 6 of the 13 are not even stock based. I trade three commodities (Bitcoin, Gold, Oil), which do have single asset risks, but they provide diversification from your stock ETFs. These commodities are largely uncorrelated from each other and from stocks. Also, I trade three additional alternative asset classes (Bonds, Real Estate and Volatility) TLT, IYR and VIX. TLT and VIX provide negative correlation diversification, and IYR (Real Estate ETF) provides protection as well.
Venezuela invasion bullish for OXY CVX XOM and USO?
Something weird going on with USO....
I like USO for a short term trade but its not a good buy and hold. as far as tracking oil spot price USO has the highest correlation on a short time frame (~1month) but due to contract rolls, like I said its not a good long term trade.
what do you think could mirror this trade in the stock market? USO? XLE? XOP? Or am I better off with individual oil stocks like COP, XOM, CVX?
Taking my MEAT earnings and putting it in USO, with Russia oil ban, oil could spike up
Just more the doubled my USO(oil) calls today for a weekly option. Options are easy money!!
Micro Crude Oil Futures or USO.
Shit, did oil just turn bullish today? USO and oil equities are confirming huge bullish engulfing
Gold, crude oil (USO), and natural gas (UNG)?
if USO reverses and pumps it’s all over
Fuck, should have held those USO calls.
I thought USO was primed to blow this week with everything going on with Opec and the call volume/OI, but it ain't lookin good.
I dont have any short term trade ideas at the moment. Im in short euro, and yen futures, long ETH futures, long UNG calls and USO calls. All of which are 1 month plus trades. I dont see any major upside potential for stocks into the end of the week, maybe 0.5-1% so calls probably won't pay. If you have margin trading you could buy a long call butterfly on SPX 6725/6750/6775 for this Fridays expiration. Its probably around 300$ in debit paid for a maximum reward of 2200$ if spx is at 6750 on friday.
That depends. If you want to learn with something safe, I would pick iwm. It's the least expensive index that has daily options contracts, but you need 25k. USO is cheap at around 60 a share and stays relatively flat with a few small pops here and there. Uso has 3 expiries a week.
Hear me out USO Jan calls....yea or nay?
Covered all my USO shorts at 73.8 (from 75.5, 76, 76.3) and took profits, crude prolly hit a bottom.
Covered some USO short around 74.5 (from 76.6, 77.7 and 78.2), thank Saudis!
Port update, so far so good. long MSFT, NVDA, ORCL, AMZN; short TLT and USO.
USO calls been printing think I might grab more