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Misc Stock Market

Think I might buy some long dated puts and sell some short dated puts against it.
 
I haven't done a thing today...not sure what to do. SPY $427 level has held many times over past year. A close below that it seems like $400-$410 coming.

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Watch, rare item today. MXC Shares outstanding is 2.12 million. Volume at 9:30 central time is over 3 million.
Public float just over a million
 
Storm5 said:
I'm scared to buy puts down here I feel like as soon as I do a peace agreement will be announced but I also know this is going much lower if one isn't announced


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Buy puts to save the world dude
 
Storm5 said:
I'm scared to buy puts down here I feel like as soon as I do a peace agreement will be announced but I also know this is going much lower if one isn't announced


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Agreed. Similar situation for buying more oil ETFs. I think if the war continues it will continue to inch up further, but if there’s a peace agreement it’s going to collapse so quickly. And good chance it happens overnight here so a stop loss wouldn’t save me from the massive limit down overnight.
 
Thoughts on $COM as a broad unleveraged commodities play? Seems a bit lower risk, so it’s something I may feel more comfortable adding more dry powder, too. I am so tempted to add to my $UCO position, but it seems so risky now.
 
superjames1992 said:
Agreed. Similar situation for buying more oil ETFs. I think if the war continues it will continue to inch up further, but if there’s a peace agreement it’s going to collapse so quickly. And good chance it happens overnight here so a stop loss wouldn’t save me from the massive limit down overnight.
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While the price of oil has skyrocketed and could probably make a significant pullback on some kind of Russia news, the risk of it getting back up here in the not-to-distant future is pretty high, IMO.
 
Apple just won’t roll over. The last domino to fall…or can it keep the markets from really water falling.

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1. Crude oil (WTI) is down to 118.40, which is up only 2% vs Fri close and $12 down from the high hit just after the 6PM opening.

2. NG is down 2.5% vs the Fri close on net warmer forecasts for the US over the next 2 weeks. Although week one is slightly colder overall (especially days 1-4) for the US based on population weighted heating degree days (HDDs), week 2 is significantly warmer than it was on Friday due to 3/13-19 being much warmer thus reducing projected US HDDs for the next 2 weeks overall. NG is largely insulated from what happens overseas from day to day, though not entirely, because US NG prices are largely independent of overseas NG prices (nothing new) since the US is well supplied with plentiful storage. But because the US now exports more than ever (LNG), prices nowadays sometimes rise (fall) somewhat on perceived increases (decreases) in overseas demand for US LNG. Still, US weather is the dominant factor from day to day.
 
Just loaded up on some $WEAT (wheat ETF), $BAR (gold ETF), and $COM (diversified commodities ETF). Going full degen in commodities, I guess. Already had $UCO and some $AGQ (these are riskier since they’re 2x leveraged).

Going to need to add some stop losses to protect myself.
 
VegasEagle said:
Rember this one? One my favorite honey holes. I am not sure about the top number, but, we always need to keep a watch on this one. Easy money. I am thinking the pump might be over.

Check out Mexco Energy Corp's stock price (MXC) in real time

Get Mexco Energy Corp (MXC:NYSE American) real-time stock quotes, news, price and financial information from CNBC.
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Cold Miser said:
Reddit again?
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I don't know. Just one of my old stocks that made me famous over a decade ago. ALWAYS keep an eye MXC, it is like watching paint dry, but, you can always catch a pump attempts for easy and quick double digit gains. Like an ATM. Knowing the shares outstanding and the volume.. I could tell this was about to happen. Look at my 9:30 post. I even gave a heads up last night.
 
Wow! I feel old. Twelve years ago, I only had like two places to talk about MXC. I just went on Twitter, and, there like a hundred pages/groups on it today. That's not even counting other social places. I only talk stocks on here. Man, things have changed.
 
Storm5 said:
What are some good oil etfs ????
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How does this end?

1). We (NATO) goes in and helps Ukraine and thus we have WW3.

2). Or we start to turn a blind eye to Russia and pretend t's not our problem and maybe commodity prices start coming down.

3). Or we keep trying to implement sanctions and the whole world goes into a financial tailspin due to commodity prices.

I think it's either 1 or 2....
 
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