I still have a bunch of shares bought at 90! It usually recovers real fast, except for oil being so down this time. I wouldn't worry too much though because ERX will come back. I bought these shares to cover my naked call options, but then had to wait until those calls expired, and by then ERX was much lower. Good luck.
Ok, I see. ERX is not a limited partnership, but rather an Exchange Traded Fund or ETF made up of many stocks with a bias toward energy shares.
That is what I do sometimes. Just have to be patient until Jan, unless ERX goes way down, and you can buy your calls back real cheap.
I am not sure if we'll see T in 33's anymore, at least not for a while. I too have sold 35 and 37 calls, and I bet they'll be all called.
I had expected AB to be further along by now, but still it is gaining nicely. I am still counting on a price target of 30, or perhaps a bit lower.
We'll see. I added more today, and hope the price keeps going higher from here. I am betting that LINE has a good chance to survive.