Been selling Puts on RDS....got put to me @47.50 for 2.20 ..I think the only way to go is the big integrateds with selling puts for some cushion.
Of Course Tommie never tells use what he is doing...other than oil will be at 70.00 bythe end of summer...D'Oha D'Oha D'Oha D'Oha D'Oha D'Oha D'Oha D'Oha D'Oha D'Oha !
Tommie; you can't even make money on SDRL...this little snap rally is a gift...made 2.5 % today, by the way enough with Mid East Policy dictums....you can barely hold a job down at McKiedees !!!!!!! no back to work after you scrub out those toilets DUFUS !!!!!!!
the thing is after a six year bull the odds are stacked against you...the market will go lower, the ? how low and for how long. I'm looking for 20 % correction to put my money back in