With ExxonMobil recently pulling out of the bidding for a significant Namibian oil field, I see potential downside in energy sector stocks. Thus, I pu...
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With ExxonMobil recently pulling out of the bidding for a significant Namibian oil field, I see potential downside in energy sector stocks. Thus, I purchased $457.32K in XLE puts, with a strike price of $77.00, set to expire on March 21, 2025, to hedge against potential declines.
I recently invested $293.52K in XLE puts with a strike of 84.0, expiring on 2024-10-18. Given the mixed performance in energy earnings, particularly E...
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I recently invested $293.52K in XLE puts with a strike of 84.0, expiring on 2024-10-18. Given the mixed performance in energy earnings, particularly Exxon's strong showing versus Chevron's underwhelming results, I foresee potential challenges for the Energy Select Sector SPDR ETF amid evolving investor sentiment.
Energy has underperformed recently, but with oil prices stabilizing around $70 a barrel and continued demand for data center power, I believe increasi...
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Energy has underperformed recently, but with oil prices stabilizing around $70 a barrel and continued demand for data center power, I believe increasing exposure to the energy sector now could yield solid returns as the market stabilizes and grows.