Exxon Mobil CorporationXOMNYSE
Is xom puts a good idea or regarded?
Sold xom hal and bp. Kind of want to hold my shell because of natural gas
is it priced in? idk at this point. fat lady hasn’t sung. XOM made ATH two weeks ago and all the smaller oil companies have hedges rolling off in early 2023 so many have gone up. BTU also nearing 52 week high and OIH looks strong
Why does 5 years holding not worry you. Stocks aren't guaranteed that they woll be higher in 5 years. Xom took 20 years to get back to ath. You should be looking at stocks thatvare undervalued in sectors that will grow in 5 years. What if you hold for 10 years for it to go backbto break even when you could have sold and boght something that appreciates in that time. Nothing worse than hodling for the sake of not loosing some money when you could buy a winning stock instead. Its a stupid mentality to have.
Pros - Decent 22% ROI in 2 years. Cons- if XOM went up to 130+ - big loss or if XOM drops under 80 than you break even.
Yeah, it doesn't take a genius to understand that demand for oil is there but it's great finding an opportunity to learn more about the industry. I've been looking for that.
Let's face it, I'm sentimental about my very long and very big stake in AAPL, but I wish I dumped all of it in XOM last year. Looking to make some moves.
The thing is, how are you sure XOM won’t go down after?
I was saving up to buy a rental when the market crashed at the start of covid. I knew nothing about investing, but I figured that it would be really, really easy to make some money. Despite me making some stupid mistakes by getting too confident in some areas early on, I did really well. I sold a lot of the recovery stocks and still got in at a cheap price on energy stocks (Exxon starting around $41 a share, Phillips 66 - PSX around mid 60's, and EPD around $17). They're all pretty reliable companies. PSX and XOM are paying about 3.5% on dividends at today's prices. EPD has experienced a recent downturn but is paying at 7.7%. My money is sort of parked there until I find a property I want to buy.
My desire to buy a property kinda screwed me over as PSX took a big downturn in September and dropped to $74. I reallllly wanted to buy more (and I had the margin to do so), but I didn't want to take the chance. It had gotten above $113 in the past few weeks and is at $109 today.
That would only be worth it if you actually bought Xom at like 50-70 a share and then we’re willing to long term hold them if they didn’t sell
"Earnings me $5 each share". Not quite. You'll get the premiums up front, and then you'll have the obligation to hand over the shares and NOT realize profit from a share price increase. You got paid the premium and that is it.
Selling covered calls is bearish. You just need to be clear with yourself about why you think XOM will not reach $115 in the next 25 months. It's not a crazy notion, considering that XOM is at ATH and oil is falling. But there's a good deal of macro analysis pointing to a secular commodities and energy rally for the decade. With 25 months of exposure, you would essentially be short changing yourself missing out on a big oil rally. But perhaps not!
There's nothing wrong with just owning 2000 shares in a giant oil company on the cusp of a potential commodity bull run.
I’ve doubled my money on some long held XOM.
What dip is he talking about?
You do not take advantage of any Theta decay with LEAPS. LEAPS are usually sold by market makers and have very wide bid/ask spreads. You cannot enter or exit the position without taking a loss. If XOM goes to $120 or higher, you're bid/ask spreads will keep getting wider. If oil hits $150 due to war and sustains high levels you can get margin called and liquidated.
TLDR: Low reward, High risk, Low probability. Perfect for a regard.
I sold everything today. OXY, XOM, COP, Valero, Marathon.
I made my money and now it’s time to miss the bottom !
Two weeks ago I purchased AAPL AC DASH DIS GOOG NOW OXY SONY U XOM
I invested in those two weeks ago. Approx $4500, since then my investments have gone down 3% Average in two weeks. Is this a normal operating range and noting to be concerned about. I understand the market changes. But is 3% after two weeks going to turn in 6% after 4 and 9% after 6 ect.
All you really need to know right now is that the majors are doing share buybacks like crazy... XOM is committing $10B in '22 and '23, BP $8B, CVX over $7B just in the past 2 quarters, SHEL $4B, TTE $5.2B this year. I could keep going, but you get the point.
They wouldn't be doing this if they didn't expect really good times ahead.
$PDD: -62% of float used
FCF yield: 35%
Exp Cash: 11M
Play: Long ( Short term) 80C 12/9/22 @ 1.30
$XPEV: 200% of flat used
FCF yield: 16%
Exp Cash: 11M
Play: Short 7P 1/6/23 @ 1.01
$XOM: -79% of float used
FCF yield: 15%
Exp Cash: 276M
Thesis: Close to value
Play: Long 22C 12/30/22 @ 1.04
>Interesting plays. I'd recommend taking a more conservative approach, however. While it's true that XOM is close to value and has good fundamentals for the long term, it could be risky in the short-term as there are still potential downside risks associated with oil prices. A safer bet might be going long on $XPEV which has strong cash flows but may not have significant upside in the near future given its current valuation levels
Well oil itself sure but there's a huge disconnect right now between crude and energy stocks. Xom, cvx, oxy, dvn and many more are all doing really well
LOL any dip is a buying opportunity oil will bounce between 75 and 110 for the next 18 months. Your dreaming $20 oil .Zero supply and a jackass as president of the US .The only meaningful pricing pressure will come if the United states starts pumping and that clearly is not going to happen . Any downward trend is met with the smart money buying it up . CVX ,XOM, BP,MRO all close to a 52 week high even though oil has temporarily corrected. XOM is higher at $80 a barrel than it was when we hit $130. these stocks and the whole space is a value play look at the PE of all of them they are cheap in comparison to the S&P 500,and they are printing money and are highly profitable @ $50 a barrel
are you trying to tell me my XOM puts won’t print tomorrow? 🥺
I’m holding XOM 100p and 90p 1/20/23. I’ll holdem till they’re a 10 bagger
I have been buying XOM puts for 3 weeks and it’s pretty much destroyed my port
Who else held there XOM poots?
Jacked to the tits AAPL, XOM, SPY, AMD
I have $8k worth of AZEK and XOM puts for tomorrow
I will accept nothing less than a 100% net gain.
Sold my Apple poots for a 90% gain, held on to my XOM poots and picked up some spy calls for the fake jobs pump in the morning.
I'm thinking XOM will continue to fall throughout the week....108.55 seems to be a strong resistance point. Will Powell provide the dips Wednesday afternoon 🤞?
XOM and X-COM are similar in that they both constantly fuck me with the wrong numbers
I got XOM puts. TSLA AMZN calls. Staying away from SPY this month. Waiting for jobs report and PCE to confirm worst is behind us
So if the market is tanking why are my TSLA AMZN BABA calls green 🥱 My XOM puts red
SPY is not the market
Holy fuck crude, I’m jacked to the tits with XOM&CHEVRON puts, may my soul find peace ✌️
If xom doesn’t start reversing this week I’ll be shocked Wti been clapped for weeks
I work on the biggest XOM site in Europe, it’s a shithole and should of blown up years ago, hope you win brother, god speed.
To bad Xom and Chevron are going to use old oil wells for geothermal energy.....hence they will keep growing.
Look at the past 50 years, maybe 2 or 3 occasions has demand breifly dropped. Even those had significant funamental factors (pandemic and such).
XLE and XOM are at all time highs. OP about to take a bigger L than the one in CL.
Forget the $3 stocks. They are all terrible for options trading. My favorites right now for put selling in order are SPY, XSP, QQQ, META, XLE, USO, IWM, XOM, CVX, DBC, and WEAT.
"XOM, XOFF Danielson."
oil down bigly for 10th straight year in a row; XOM ath incoming
Always say that yet XOM only goes up.
Xom puts going to print, holy shit.
So uh, XOM has to dump at some point, right?
Picking up some XOM and HD puts in the mornin hopefully Futes don't dump too much before open
Lol XOM is literally at all time high. Every possible positive catalyst has been priced in the market. It’s very Difficult to find a WORSE entry point than entering XOM nowadays. And btw I have a small position currently sitting at +150%.
What shows YOUR age is that you don’t know that XOM had actually horrible shareholders returns from the early 2000s until 2021. It only recovered thanks to the post covid supply shock, increasing energy and oil prices and ukraine war. Try holding a stock for 20 years and being at a -50% loss, and still holding it, then you can talk.
Should be buying XOM. Shows your age that its not on your radar.
Last year into the beginning of this year was the time to short. I was shorting everything i possibly could last year in cloud software and other junk like CVNA, W, MRNA, etc.
I think the overvalued stocks are not scraping the bottom of hype stocks. That’s how people got owned shorting GME, trying to bet on a bankruptcy that wasn’t happening.
I’m out of most of my shorts but I think oil majors are becoming way overpriced, XOM, CVX, COP, etc. Revenue will drop off cliff if gas keeps plummeting. Also there’s some renewable bubbles like ENPH. Other than that I’d say DDOG, NOW, SNOW and a couple others in software but I wouldn’t start puts/shorts on much else. Been too beatdown, look at COUP last week, eventually value is found in the wreckage.
I'm already holding stock like a noob. Hoping my XOM puts hit so I can buy a shitload more.
Yes for the “short squeeze” stocks like GME, AMC, BBBY. Most cryptos, yeah. And most if the high-growth overhyped stocks Cramer shilled during the pandemic like PTON, TDOC, ZM, SNAP, HOOD, etc.
But when it comes to value stocks like XOM, CVS, MO, then no. These companies provide dividends or value to investors from share buybacks. They generate real profits so you own a stake in an actual, (usually) consistently profitable company. Then there are stocks that are somewhere in between, like GOOGL, AAPL, MSFT, AMZN which don’t offer dividends, but they do buybacks and are growing faster than most value stocks so they can give you even higher returns if you accept more risk.
Where did you see Exxon, can only find Chevron. XOM should go down off this news if anything
Chevron able to drill oil in Venezuela is def bearish for Xom right
It's a strong sector so people gravitate towards it. The oil companies don't sell crude. They refine it into gas. There is some disparage between the relation. On top of that, oil is a commodity and XOM is a company with profit margins.
Buy a longer-dated put or debit spread
I really want to do xom puts but I’m scared. With China covid cases a the highest ever and fears of recession it can drop like a rock any day
Big Oil hasn't provisioned its prior leases from pre-COVID.
Joe Biden could tell XOM to drill in your front yard after moving for eminent domain to take your shit without remuneration and XOM wouldn't do it because they like selling barrels at $80 and not at $45.
The US government has no control over oil prices because the US government does not have an oil exploration company. All the US government can do is ask.
I’ve been pretty lucky in dodging a few landmines with Chinese companies that I bought like BABA and even Luckin. I’m afraid to press my luck. Remember back when oil went negative real quick back in 2020? I grabbed a ton of oil stocks like ET, FANG and XOM. It paid it out well so I cashed them out. Maybe I’ll give oil another look.
Xom is over valued in a ression
Well there are some solid picks for a long term portfolio but I doubt the competition last 5 years?
Blackrock is just Blackrock
BRK is also a bet on Apple (which is doing bad in China)
Ford is doing terrible
HPGLY not sure, shipping costs are going down
Walmart sure, recession play
XOM is a bet on oil
If you want to win competitions like this you need to take as much risk as possible. This portfolio might deliver as S&P500 short term. But if you want to bet on oil you need to find the most leveraged oil company out there because leverage = higher volatility.
In general I’d bet on companies where there actually some potential for short term returns. CRWD has dropped 50% this year, great company, earnings next week. This is the kind of hail Mary play that will make you win this competition or end up last but atleast you gave it a shot
I should clarify. It’s $500k in stock not $5k. It’s XOM. Check the options chain for IIRC Feb expiry at $115 strike. $30k premium checks out. This isn’t a client position. It’s a client holding their own stock who wants to sell at $115, and rather than placing a limit order to sell, the broker would sell a call contract at a strike that the client wants to sell their stock at.
Broker tells client that if the stock hits the desired price their stock will sell. If it doesn’t, then client keeps stock.
But the key here is that the broker keeps the premium on the 90 day call contract they sold and may or may not tell the client how much they made, and may or may not share the premium with the client. Client doesn’t understand options. Client doesn’t realize that there is premium to be made from their intent to sell at a predetermined higher price within the next 90 days.
So my question is whether this would be legal, (I’m guessing not) and whether this is commonly done. It seems like a great way to scam old folks who want to liquidate their stock into making call contract premium from their intent to sell at a predetermined price during say a 90 day window.
Hope that makes sense. Apologies if I was unclear in the original post. Thanks.
that’s it fuck you all I’m went short XOM
Crude is actually at its lowest YTD. It's more of people clinging onto the sector versus oil prices. Obviously with crude being its lowest and XOM being at ATH, there is some disparity
Why don’t you compare to XOM and VLO like a normal human being xddddddd
I hate XOM. I understand it’s a strong equity YTD but it’s at the top. It’s overbought as Retail investors turtle into it
I have 3 of those stocks (BRK.B, F, XOM) so I support those choices. WMT and HPGLY could suffer going into a consumer-spending downturn. HPGLY is especially vulnerable now that shipping backlogs have eased and merchandise sales are way down from pandemic levels. I don't know much about BLK, but the PE is 20 so the stock does not look like a bargain. Overall, I like the diversification of your portfolio.
Oil go down. XOM stay up. Why tho?
XOM, CAT, and fruit poots for next week.
Back to poor man’s covered puts on XOM.
Yeah oil is so low I don't know how much more down it can go, probably not a bad time to go long but I look at some of these tickers like Xom and APA and question how they are still at the prices they are at with oil this low. I feel like there has to be a correction in these tickers before oil goes up. I do think the China lockdowns is very bad for it though, that's like 15-20% oil consumption drastically reduced, I'm surprised the reaction is not negative. I think too many things are up in the air in regards to middle east supply and russian cap for oil to make any moves out of this range.
Should have had capital to begin with and bought XOM at 88 and SBux... Also how about them buys on BA?
XOM cranked mad profits though
XOM puts are free money good sir
When you say "money", I am not swimming in cash, But I do make money. I make a little more than if I were to own the stock. I rotate and buy LEAPS in a handful of companies that I like. I bought into $XOM (Exxon) about 4 months ago. That was a big victory. Now I am buying LEAPS in Target to see what the holidays bring. Once the FED stops the tightening, I will jump back to semiconductors. I can't afford to buy 100 shares in any of these companies so I just buy LEAPS.
people think we bottomed because their SOFI is a penny stock yet XOM and MCD is at ATH. Nope your SOFI will become more of a penny stock
He did say something similar, but it definitely wasn’t about crypto: “I will say this about gold. If you took all the gold in the world, it would roughly make a cube 67 feet on a side…Now for that same cube of gold, it would be worth at today’s market prices about $7 trillion – that’s probably about a third of the value of all the stocks in the United States…For $7 trillion…you could have all the farmland in the United States, you could have about seven Exxon Mobils (XOM) and you could have a trillion dollars of walking-around money…And if you offered me the choice of looking at some 67 foot cube of gold and looking at it all day, and you know me touching it and fondling it occasionally…Call me crazy, but I’ll take the farmland and the Exxon Mobils.”
This chick put her finger in my butt once. I told her I didn’t like it but I kinda did…….that’s why I think loading up on XOM puts before OPEC’s announcement on dec 4th is a great play.
Jim Cramer recommended to buy a dip on XOM when it was trading at $57.65. Now it is trading at $114.18.
I've seen so many posts about people buying puts on XOM this past week that I am now firmly in camp hold. Was thinking of selling but this thing could continue to run.
The supply thesis has not and will not change for the next 5 years. US shale isn't coming to the rescue even still. It's all coming to the demand side, that's really the only bear case (and China is really the big question mark here). I'll be adding to XOM/CVX on any major dips, and occasionally throwing in a few shares of PSCE (small cap energy). A recession could definitely bring oil back down into the 60s/70s for a bit. Whenever that opportunity comes, it will also be an incredibly good time to load up on copper mining stocks.
Positions: XOM @ 82 and PSCE @ 10