XOP

Throwawayz911

Im just full ported into XOP rn with a little bit of platinum

Send_Lawyers

Someone wrote a post in here once about the psychology of the bear market and how brutal the dead cat bounces can be. Just when you think the pain is finally over. And the trend line is reversed and you’re ready to go all in after days or weeks of pain. Boom fuck you. 1% down. I hope all the 🌽 folks get wrecked. Also XOP calls at close.

chainsobig

$XOP calls, big time.

TylerBlozak

Let’s see what crude oil inventories number does to XOP

nivek_123k

i'm looking to do similar as the price of individual stocks are leaving a sour taste. especially with certain firms seeing \~5% moves on the daily. thing is, I HATE the concentration risk in the indexes but there are very few ETF's lacking concentration risk AND have the liquidity to be trade-worthy. most of these are sector specific; XLI, XOP, XLU, etc. my thought process is to short premium directionally, risking 10 to make 2 (\~70ish % probability) in a defined risk setup. Delta is less a factor, it's the risk/reward scenario. the lack of option risk trades on my account lets me sleep at night, but the lack of cash flow makes me dread the monthly bills.. it's becoming more and more difficult to filter the static in the market and find rational trades. the indexes will outlive us, and i'm guessing in 10years the price will be higher than it is now... but it's the next 6 months I have to focus on. I would not be surprised in a \~20% fluctuation in that time frame.

Full-Passage4412

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?

8thHouse__

i’ve been tracking XOP, GUSH. But i’m still not confident about the price action, because they produce so much oil this quarter. Would like to hear your opinion on this matter.

thalassamikra

I clearly needed a shit ton more XOM and XOP calls

8thHouse__

!banbet XOP 123 1d

Gelatostonk

I m thinking about going long XOP!

TheInkDon1

For me, an ETF *is just a chart*. ANY equity is **just a chart.** Find charts that are "going up smoothly" (subjective), THEN look at the ticker. You need that so you can go buy the thing. But it's just that: a 'thing.' A thing you use to make money. I'm purely a momentum trader: if it's doing well now, [all these studies](https://www.sciencedirect.com/science/article/abs/pii/S0927538X18303998?via%3Dihub#preview-section-references) say it should continue to do well for a while. Try to get out of the mindset that you have to 'pick' ETFs (or stocks). "Home builders should do well in the spring, let me go buy XHB." "Oil and gas should do well, what with Russia sanctioned, I should buy XOP." "Oh, banks should benefit from this administration's deregulation efforts, I ought to buy XLF!" Those things are fine, IF the price action supports the thesis. If not, you're waiting around *not making money* until your theory materializes (or doesn't). *Better to find things that ARE going up, and buy THEM, don't you think?* So to finally answer your question: **I wouldn't manage inverse ETFs any differently.** When I need to cut a loser, I'll screen all ETFs on recent performance. When I find a chart I like, THEN I'll look at its ticker symbol. If it happens to be an inverse ETF, so be it. *Does it behave any differently than any other ETF?* No. It goes up, it goes down, and/or it stays flat. Those are the only 3 things any equity can do. It'll become one of my current 5 picks, and I'll monitor it just like the others. If its chart starts to roll over and go down, I'll sell it and pick something else. React, don't predict, it's really that simple. Take care.

kimedar1

URA SILJ PALL PPLT OIH XOP GDX MOO REMX, I’m mostly invested in smaller mining companies that are undervalued…but these are some broad plays that I think have a lot of upside potential over the medium to long term

Ok_Surprise_871

Lord. I went for GLD and XOP thinking it’ll pop this week. Guess, it is done

EBIThad

FANG is my favorite. CVX is good too. XOP if you don't want to pick and choose. Most important thing is always a robust balance sheet that can support oil at $50.

Kyu_Sugardust

I bought XOP for $133 today

SneedIsHere

XOP calls

JusGimmieMyMuuuhney

XOP.

Plane_Falcon_1304

WW3 trades - Calls on XOP, Puts on SPY

JusGimmieMyMuuuhney

Besides OXY, XOP, and XOM what else is there? 👀

GlitteringPapaya2671

my crash indicator just went red on the day (XLF + IYT + GDX + XOP) / 4

sammyssb

I have a fairly small short position right now on one thing and its XOP. I screwed that one up today. This is just a classic example of market rallying impulsively on the headline part of a news story before digesting the deeper meaning. I just can’t believe more people aren’t concerned about this situation we just put china in.

tooclouds

Yes your understanding is correct. The best way to capture as much theta decay from time would be to do a neutral strangle. If you deploy an iron condor you'll cap your max loss but sacrifice theta decay (since you have bought 2 long options). Additionally please take into account what expiration you're going to choose as well. Theta is higher with shorter expiration times (i.e., < 21 DTE) but that increases their risk through increasing gamma risk (Gamma itself represents the rate of change of delta, meaning it shows how sensitive delta is to price movements in the underlying asset). Also with shorter DTE, it's much harder to defend a position if it goes against you (defending is like rolling out in time to give yourself more time to be right). In my experience and looking at research, deploying a neutral strangle before earnings is a coin toss. You're just hoping that the price movement isn't as big as it's anticipated to be. I think there are better ways to use a neutral strangle like in day to day price action with no news/events in higher IV environments on diversified markets (SPY, TLT, GLD, XOP, etc).

prattbatt

Of course people and Reddit users would tell you 50% in SP500 lol. I was looking at Starbucks on Friday but went with AXP instead. Another one is XOP. I don’t want to give all my picks now😉

mdukey

I would agree in your thesis around XOP. There will need to be a cyclical rotation out of the MAG 7, which has attracted the majority of the worlds investments, and into value stocks (EG XOP) alongside a change in the (incorrect) narrative that world oil consumption is decreasing. Soon enough fund managers will need to buy value, as growth or momentum stocks will no longer out preform. The ESG narrative for large investment funds will also undoubtedly change, which it seems that Trump will help change. The concern I see that you have is that over the last 12 months (3 years? 10 years if you ignore the covid collapse and recovery) XOP has gone nowhere. This will all take a decade to unfold and for investment ramp up. Patience is key.

sammyssb

Lets say hypothetically someone was in the red 20% on 15k of XOP shares. Would you average in more or hold?

sammyssb

I bought XOP almost a year ago and kept averaging in as it went down and bought into some oxy along the way there. I think i just need to let it sit and be patient with it

sammyssb

Can you expound a bit on what you mean by the decade long underinvestment? Is this due to the hope of EV’s and other alternative energy tech? Is there any expectation that could change? The reason i invested initially was because i felt a changing sentiment with EV and alternative energies in a way that would be beneficial for XOP. Also Trump presidency. Im trying to be patient, hoping this is all just a set up from the “universe” to make me hold it until I can sell without short term capital gains tax but i want to make sure i didn’t blindly throw away 20k and should be looking for an exit

mdukey

\- Buffet buying OXY \- OPEC+ unwinding production cuts points during a multi-year low oil price \- The decade long underinvestment in exploration, as indicated by XOP (Which doesn't take into account inflation) \- The pending slowdown in US shale growth. The above all points towards a change in narrative. Patience is key.

MaxwellSmart07

Just my opinion, some like to make it more complicated. I’m more simplistic. Buy what so doing well. There must be a reason for superior returns. I’ve been accused of performance chasing based,on past performance. Guilty! All I can saw is that’s better than chasing lousy performance and hoping and waiting for the trend to change. So the answer to your question IMO is in a 10-year backtest. Let me know your thoughts. Growth of a $10K investment: VT/VHT/XOP : $19K VTI: $32K QQQ: $53K VTI/QQQ: $42K

RadiantCitron

Does VTI essentially accomplish the same thing as VT/VHT/XOP?

MaxwellSmart07

What you don’t invest in is as important as what you do invest in, Please ignore the international fund VXUS until it earns a place in your portfolio. It might at some point prove itself, but it has not over the past quarter of a century. Likewise I would go with VTI instead of VT, VHT and XOP. I nave no opinion on the bond funds, except if you are expecting a downturn in the near future they can offer some protection. If it comes much later you are sacrificing return for safety, a defensible strategy.

ApatheticTrooper

XOP play? Thoughts?

ASurrealSoul

XOP and XLE etf's. It's at a good price rn, short term play no longer than 4 years with trump's plan to deregulate oil and gas. Probably will be the best and last 4 years of oil and gas ever or unless war escalates.

EdvardMunch

Im very down on the Oil ETF XOP after buying it low and reading the 3 month for a recovery

EdvardMunch

Neither do I, ive been bleeding hard on dcaing XOP - but if energy is going down how tf does not everything else

EdvardMunch

Im so fuckin sick of watching XOP - this stock's movement is awful

Carbon_Deadlock

PLTR, NVDA, MSFT, & TSLA for growth potential. JEPI, O, & QQQY for consistent monthly dividends. SPY for stability. Then I have a little bit in TSM, XOM, & XOP just to see how it plays out over the next couple of years.

billyd1984texas

I got XLE XOP Shel CHV XOM DVN and Oxy. I got long calls on Oxy and dvn

nestiebein

I understand that the current situation is priced in however the possible Iran conflict is being speculated right now, this should already move price fast which it is. Thanks for showing XOP, OIH, XLE! Clear indication that indeed the Lebanon conflict is seen as a certain risk.

JohnNasdaq

Bought a few XOP calls on a whim yesterday. Should’ve doubled down

suddenly-scrooge

It's not necessarily about overlap but about what you stand to gain. Your QQQ/XOP/RTH mix is a coin flip to beat total market, but it's often more expensive to hold these types of ETFs and you get the complexity problem I mentioned. So you're paying more and stressing more for nothing really

Kromo30

Really depends how narrow those etfs are. Whole market? S&P500 type of deal, ya, a couple.. But if you invest in industry specific etfs, QQQ for tech, UCITS for US banks, XOP for oil and gas, RTH for US retail… energy, health, real estate, etc etc…. You can rack up 20 plus pretty quick, with no overlap.

Terrible_Champion298

XOP1018C145 spread is currently 340-355 (1:30pET). You could likely take 40-45 profit per long contract now. Not sure where that “2.83” fits in. With the CURRENT low liquidity due to 60dte, the mm wouldn’t initially be showing their best prices. An offer, usually a ridiculous one so it won’t fill, must be made to start negotiations with the mm. Looks like you or someone else has done this, hence the current spread.

smartoptionseller

You've made money on the position at the moment, based on the bid/ask you provided here. Don't look at the "last" price. Always look at the bid/ask market. Yes, the XOP went up, but your calls only moved marginally. That's because you bought such an out-of-the-money strike to begin with. If XOP keeps going up, your calls will start to go up with more intensity. If you want more movement in your options trades, try using strikes with higher deltas.

Lopsided_Process5141

🎶 Bought calls on XOP🎶 🎶 Yeah you know me🎶 

Lopsided_Process5141

XOP calls

CultureForsaken3762

XOP very correlated to oil price

CultureForsaken3762

Given all the carnage in the market, I’ve been trying to find long opportunities to hedge against my index shorts. 2 names I like: $GNRC - Hurricane season looking scary with the historically high temperatures around the country. $XOP - Middle East war likely results in a bid for oil. This is historically a decent correlation 0.7+

CultureForsaken3762

$XOP historically has one of the higher correlations to oil prices. That’s the play

CultureForsaken3762

$XOP should be higher given Middle East risk this weekend

Selstial21

Some of you are so far down the rabbit hole lol. Great creator regardless if you haven’t seen him YouTube.com/thestockmarket #XOM #XOP #COP #CRGY #NOG

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)

mbf959

When the cable TV talking heads point at an individual stock and say, "buy", that ship has commonly sailed. Of course, the opposite is also commonly true. Very end of March 2020 the talking heads said oil was in a free fall. I remember the lead story being it cost more to store oil than sell it. The only thing I knew about oil was, if these idiots said sell, I wanted in. April Fools Day 2020 XOP sold for 31 a share. My insane purchase is currently a tax issue. Yes, it's only capital gains, but it's more capital gains than I want to pay. Financial independence is an illusion that could be true depending on how soon you die. If that sounds crazy, think about this - Some Europeans were off the charts rich when WWII started. A lot didn't end that way. Plan your future but always remember, you're not really in charge.

Send_Lawyers

Eh recession demand destruction plays seem higher reward. XOP puts and 6% bills while you can still get em.

Send_Lawyers

Asian forex diving. Dollar thriving. Bond Yields skying. Equities will follow. For the next macro trick watch what the strong dollar does to oil demand. Hint XOP is next.

DLS0314

Time to but XOP options? Gas went from 3.10 yesterday to 3.40 this morning

Luis_snake711

Bought the etf for oil XOP since oil is going to pumo tomorrow

Reddit-dubs83

XOP

random_lawstudent

I bought way otm USO and XOP calls in prep for this. Wonder what'll happen

Cant_Turn_Right

Long XOP and GLD but that isn't going to offset the rest of the long portfolio. FML.

Cant_Turn_Right

Any hedging strategy for Iran attacking Israel? Long XOP and GLD?

pinklobser

Tomorrow? after hours are closed so it’s too late right? As of now I have puts on DJT/BA and calls on NOVO/XOP/GLD

1kfreedom

So I I have one XOP 170C 5/17. Got lucky and it is up 260 percent. I figure I need to move out of it by 4/19 before theta really gets going. And I would like to de-risk a bit. Any suggestions if I expect it to keep increasing? I might be able to roll into 2 $175/180 call spreads for 6/21. Or maybe 2 7/19 180/185. Thanks.

carvethegnar

Short term I’d go heavier on oil, lighter on the gas. But there is good value in gas heavy for med / long term. Additional LNG won’t come online till 2025. You’ll see gas prices respond accordingly. I’ve got OXY, PR, EOG, CTRA, PXD, DVN, and AR. Plus 2 indexes: XOP and VDE. But I’m sure there’s others out there that might have more immediate upside. I’ve been in mine for just shy of a year.

SpezJailbaitMod

Thinking I should full port into XOP calls idk tho 

Majinvegito123

XOP!

MasterDDT

Whyyyy is XOP down if oil is up?

brianjamesxx

$XLE and $XOP now outperforming little dick bitch $QQQ YTD shit cant even fucking muster barely 9% compared to those two

brianjamesxx

XLE and XOP outperforming spy and qqq bigly

RDDT_to_ZERO_ETF

XOP is up. looks like we found some oil with this drilling

DreamRELLIK

I made like 3000% on XOP calls back in 2019.

1kfreedom

Serious question, anyone have (somewhat logical) thoughts about where oil/gas is headed? XOP seems to be about to break out of a range. I grabbed a 170c 5/17 just to have some skin in it while researching more. Stocks like FANG have had some big moves already in the last couple of weeks. I know playing an ETF will include some dogs along with some high fliers, but need more time to look at individual stocks. Thanks.

1kfreedom

[https://youtu.be/aC2wpVWyFr0?si=lVUSGFhxjRcek-yt](https://youtu.be/aC2wpVWyFr0?si=lVUSGFhxjRcek-yt) Not financial advice - but I took a look at AEO, TGT and XOP. I might play AEO because there are 3 days before it reports on Thursday morning. Might be too late to hop into target. XOP looks like it might be breaking out. Not financial advice.

cheesypuff350

I second this. XOP OIH and XLE (and by extension, many of their main component stocks) have been showing some notable activity over the last couple months and rising in the [MarketPilot forecasted index etf ranking](https://marketpilot.ai/index_ranking/).

Florida_Man0101

XOP

Particular-Egg7086

XLK is the ticker for the technology select sector for Spy if you wanna check it out for yourself. XLV is healthcare, XLF financials, XOP for oil.

Previous_Guitar5027

I used to have XOP which was something related to energy which was hot until it wasn’t then it was again. XLK was way down for a few years there. XHB is on a tear but I read the real estate market collapses one time.

Pure-Ant-7106

XOP & USO are both beautiful stocks to trade, especially swing trade 🥹

Particular-Egg7086

XOP, XLV, XLK and XLF if you wanna take a look at spy by sector

SunburnFM

Dip buy energy, always. I bought a ton of XOP at 33 right at the pandemic. As if we're not going to need oil.

B0KCH0Y

War is good business for oil and fear markets. XOP was my first 1000x with Covid.

B0KCH0Y

I’ve just been playing XOP for oil. Good for business when you gotta mobilize

B0KCH0Y

In black gold we trust. Oil will prevail. Hopefully XOP will break ath

B0KCH0Y

XOP calls, don’t care if we are near ath. Warmongering is good for oil

B0KCH0Y

Let’s go XOP. War and oil go hand in hand it seems.

joefunny30

What’s going to have more price sensitivity, XOM or XOP?

Civil-Mongoose2534

Good deal. I like the trade when volatility is low, but it's not a fun trade during a pandemic or with a war going on... The pandemic provide opportunities for large drops to the downside which highly leveraged puts aren't ideal for... I've had better luck trading XOP with covered calls or covered strangles with the recent high oil volatility, but I hope to go back to the trade when things are more stable.

B0KCH0Y

I’m just gonna keep throwing money at XOP. When has war not resulted in higher gas prices?

sluttyseinfeld

I prefer XOP but I already sold it’s too late to get in now after it just dropped 15% in a week. Watching for now.

SameCategory546

chart for S&P looks awful but I think oil stocks are ready to run once XOP clears resistance. Uranium looks good too and so does offshore oil services.

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

repairmanjack2023

That's why I sold my XOP leaps. They barely moved as oil went straight up. Infuriating.

Ice-Teets

HAL USO XOP up over 2% today, GUSH up over 5%. But they’re still undervalued I think.

sluttyseinfeld

Oil is kill. Short XOP at will 🫡

THEshampooMASTER

DIS or XOP Callz

ketchupluvspotatoes

Try XOP

repairmanjack2023

My XOP calls are going to print. Thanks inverse Cramer. https://twitter.com/jimcramer/status/1673142051653795840?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1673142051653795840%7Ctwgr%5E4ab66251886b55e78908b202f5a2542200825017%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.thestreet.com%2Fpersonalities%2Fjim-cramer-has-a-bold-financial-take-on-the-recent-uprising-in-russia

repairmanjack2023

Don't forget what's really important. What does this Russian nonsense mean for my XOP calls?

sluttyseinfeld

If oil goes ballistic next week I’m gonna lose it. I had a massive XOP call position I bag held all week and finally capitulated today when I couldn’t take anymore ass rape 

SPXLiquidated

Highly suggest doing options on /CL or /MCL Some good to ok alternatives: XOP and XOM