Xom $110 calls @ .13 lotto play here

Oh I made a MINT on XOM in 2020

Dividend coverage is ~3x. Vanguard and Blackrock took sizeable positions in February. Seems like a reasonable value play. Are their customers sticky?

Everyone here hates on the value strategy which is exactly why it has worked historically. "2020: Oil is dead. XOM is done..."

>> The company reported full-year earnings of $55.7 billion, smashing its all-time high of $45.2 billion set in 2008.

1. Money has a time value, $45.2 Billion in 2008 is worth $61.4 Billion in 2022, so it’s not “record profit”

2. Your response to me accusing you of using cherry-picked data is to double down and pick a single company? Bold move

>> The lowest profit Exxon has was in 2020 and it was $30 billion. As per you that is apparently "close to 0". Gotcha

3. If you look at actual data and not articles that confirm your bias, Exxon had a net income of -$22 Billion during 2020, that means they lost money. So even the example you cherry-picked is just further illustrating my point of how using q2 2020 is a flawed start.

4. “Gross profit” is not actual profit as it doesn’t include operating expenses. As I linked above they lost money in 2020. Would recommend learning what terms actually mean before throwing them around.

5. “closer to 0” is not the same as “close to 0”. But I understand if you can only get “gotcha”s by misquoting me. Logic is hard.

6. You have yet to give any details on how the numbers in the first figure you showed were calculated. Likely because they’re either flawed, or the publication you got them from didn’t want to link their sources either.

Did XOM call out of work today? No movement

Why don’t you look at dividend aristocrats like XOM, JNJ, and COKE?

META announces new AI soap dispensers in the metaverse! BUY BUY BUY

GOOG announces new AI recruiter! BUY BUY BUY

NVDA announces new AI generated layoffs! BUY BUY BUY

XOM announces 20% dividend and 30 more years of monopoly. SELL SELL SELL

It's a great day for me. My small caps are rocketing (APPS up 10.5%, CLFD +7.5%, NET +6.7%, PSCE +3.2%, AVUV +2.6%, AVDV +1.3%), commodities also booming (XOM +4.4%, CF +3.3%, FCX +2.2%), and Big tech sharing in the fun: GOOG +3.5%, META +2%. So everything that got their ass-kicked the last 2 weeks.

Thus, I will be revising up the guidance for my portfolio in the next 8 months. We're starting to see a critical lumbar support at -8%. Hopefully we stay in this dolphin channel for a few more days.

Some people are probably in individual stocks not in the indexes. I dont hold any of these but some examples are TSLA is up 7%, XOM is up 4%, and FRC is up 33%.

Who is having the highest profit margins in years?

Not Walmart

Not Target

Not Amazon

Not Disney

Not Johnson and Johnson

Maybe Exxon?

Only one of these top consumer companies that I looked up at random were having decade high profit margins. What companies are you talking about?

XOM quietly making me millions

My Xom calls will print. My FRC calls will print, and my NVDA calls will print. Do you see a pattern bears?

Today was wild Tesla Calls -> Xom Calls -> Nvda puts. I think I fucked up with the last one

Fuck you Jim, I'm sitting on XOM over here

High asf. Long meta. Xom

My favorite ESG stonk is XOM, what’s yours?

Bahaha yeeeeee XOM 102c 3/31 mooning

Hahahahaa Yaaassssss my xom calls going to the moon!

Xom looks tasty

XOM is barely off its highs

Agree on monetary policy as a factor of inflation (yay free money, bubbles, and missalocation of capital due to no interest rate risk!). "Dissagree" on regulation driving inflation overall. Counter argument: YoY or QoQ profit growth over the last 10 years. Looking at profit growth for the biggest healthcare companies (CVS, UnitedHealth, etc) it doesn't appear they are getting thinner; look at outsized profit growth in companies like Exxon in 2022 despite regulations and market competition. What is your take on this: is regulation squeezing out smaller players and allowing bigger ones to take unfair profit margin through monopolistic legal means?

Also, honest question: who benefits the most from repealed regulation / who is best poised to take that excess profit?

One quick link:

https://www.macrotrends.net/stocks/charts/XOM/exxon/gross-profit#:~:text=Exxon%20gross%20profit%20for%20the%20twelve%20months%20ending%20December%2031,a%20107.49%25%20increase%20from%202020.

Ahh yes you are right. I hadn’t thought about it quite like that. Yes the outs were losing value as XOM kept going up. So yeah the trade actually went the way it was supposed to.

When you sold a put credit spread and got assigned on the shorts (I would assume early assignment) and still on owed the long puts, the long puts are not considered naked. Therefore, those long puts are actually protection for your $12,000 investment. If the underlying continued to go up, you just lose the puts and it will expire worthless. However, if XOM suddenly went bankrupt within days like SIVB, those longs puts would have saved your $12,000 investment and that is exactly my point of doing spreads. Thank you for being a perfect example of why I advocate for spreads.

I've been assigned on a spread, luckily on XOM so was happy to be landed with the shares, but it wasn't fun to see I was suddenly the owner of 12,000 dollars of shares and still held puts. It was disorientating. I've only done LEAPS on SPY since that!

Look at my post history, I try to be helpful as much as possible. There was nothing personal against you. Sorry if it came across otherwise. I know it's difficult to have big losses and not be sure why.

You could also just stick with blue chip stocks like XOM and AAPL, a few other S&P or Nasdaq stocks, and put the rest into VOO. That way you have stability from VOO, and you get to pick some stocks you like. That may be the best balance. The speculative ones, I would not put more than 5% of my portfolio in. Your risk profile may be different.

Best of luck.

You're asking for advice while only giving partial details. If you're down that much, OLPX and INNV must be a very large part of your portfolio. since XOM APPL have not done that poorly over the short period of time. We still have no idea what "fashion and real estate" stocks are, so we can only go off the info you posted. There is either a serious unbalance in the portfolio weighting, or the other stocks you hold not mentioned are also low-quality.

I'll give you two paths:

1. Sell the penny stocks and just go full yolo wsb-style on options. You'll get rich or go broke, but at least it will be spectacular.

2. Realize you're investing in some extremely risky stocks that have tanked your portfolio and you don't know why. Sell everything and buy VOO.

wondering the same thing! I believe schwab holds the highest amount of tbills therefore the highest unrealized losses of all banks. I hope Im wrong because I have a few accounts I actively trade with that im way up in from shorting oil , xom , and wfc.

XOM. I love oil long term and Exxon Mobile is about the best. But, I wouldn't go long oil heading into a recession. The low on oil could be $45-50 barrel which is a ways to go. We really don't know how bad things are going to get yet. For people who love commodities, I think physical gold is the trade this year. Think about something like PHYS

XOM, ESTE, TITN, FIS, KBE, SCHW. Thoughts on these guys?

Descriptors do not gyrate with your diverse portfolio statement.

You need to be specific I have 10% in XOM, 10% in real estate ticker. They lost -30%, -20% since Feb 1. So people can help you.

So, as of late, PHX has been suffering, was doing great for me for a bit, but I lost a lot on OLPX, and INNV due to nonsense (before the big loss,) my other stocks have pretty much done okay, XoM, AAPL, but then I have a few others that also screwed me. Like IPO was doing fine, then just dropped off, OLPX, my ex told me was one of those “Wall Street bet stocks,” fucked me.
I’m interested in AABB, because of my reasons, but everything I have is just getting crushed.
I have over 20 stocks in my portfolio, these are recent, but almost all are down since January.

Jon Stewart is such an idiot, this is the same thing people were complaining about oil companies but just look at their profit margins, they’re practically the same as years past. I used XOM as an example, their gross margins as a percentage of revenue is inline with historical data. All these people looking at dollar amounts are completely missing the point.

thank god i sold my XOM

Yep I’ll drink to that. Down with big oil. Xom puts and Jamison on me🥃

XOM

What if I told you:

The wokie they/them/blue hairs are artificially keeping gas prices higher even as oil dives just to push their EV pollution green whatever bs

It’s. All. A. Scam. And. They’re. Ruining. Livelihoods.

Calls on $ET $XOM

Agree but how much of the current market valuation had already priced in VC halting in the last few weeks? We basically went from an “oh shit VC is toast” to “nvm”, meaning that until the next FED meeting on Monday we will be in a state of limbo.

With the FED backstopping SMB deposits, the risk of most failing in the next few months is basically gone, but that will have MASSIVE macro impacts over the next few years.

That being said, the stock market is so goddamn top heavy that none of these VC or crypto banks failing will impact AAPL MSFT AMZN BRK XOM UNH etc unless the contagion spreads to JPM or BAC…

XOM and SOFI calls

XOM 🚀

The IEA and company is still very bullish about the second half for crude. Here's their forecast. The medium to long-term picture hasn't really changed. Lower prices today just means higher prices later. "The IEA sees a substantial oil supply deficit starting in Q3 2023, with nearly 2 million barrels per day of inventory declines in Q4."

It just takes an OPEC cut or two and suddenly the market becomes very tight.

What the analysts got wrong was how quickly Chinese reopening would ripple into commodity markets. It definitely had an impact on met coal, for example. But it looks like other commodities they stockpiled during lockdowns leading to a weak market now.

I'm DCAing into my small cap energy ETF, and I bought a little XOM yesterday, but otherwise I'm just doing nothing. I'm actually not that much of an energy degenerate even though I like to read/talk about it a lot.

I guess my big tech has been holding me up. A few weeks ago XOM was my biggest winner (+45%). Now I'm only up 19%, and my new biggest winner is now META (+20%). Which, get this, was one of my worst picks just a few months back.

General macro comments:

Atlanta GDPNow still at 3.2% for Q1 2023 real quarterly annualized growth, unchanged from yesterday. Next update is Friday, March 24th.

Also, apparently the housing starts was way bigger than expected. I'll just add that it seems that particular statistic is extremely noisy.

> Privately-owned housing starts in February 2023 were at a seasonally adjusted annual rate of 1,450,000. This is 9.8 percent (+/- 15.5%)* above the revised January 2023 estimate of 1,321,000

That is a 90% confidence interval of [-5.7, 25.3], or statistically indistinguishable from 0.

If you look at the other indicators reported by the Census Bureau Index of Economic Activity, housing start estimates have much larger confidence intervals / high uncertainty than the other ones.

Useless comments on my portfolio + BTU Update:

What a great day for my big tech holdings. AMD up 7.7%, GOOG up 4.7%, MSFT up 4%, SMH up 4%, META up 3.6%. I will soon be using these opportunities to trim (slightly) MSFT/AAPL/AMD as they are too big of an individual position. I'll move the cash into my small cap value ETFs, or from AMD to SMH.

Meanwhile, on the commodity side, yesterday I had went pretty hard on BTU/AMR/XOM/PSCE. Today I added to CF (fertilizer). Some exciting news on BTU is that Investor Relations told some folks that they are working hard to get the surety bond covenants taken care of before March 31st, and at the worst, a little bit into April. A blackout period will start pretty soon (between quarter end and the next earnings report), so they might not get time to start capital returns. But at least an announcement about it will soon occur. Follow @8750Capital and @tradedollarnut on Twitter for more news (you won't find it anywhere else).

AMR remains highly undervalued if you want an entry point. It tends to zoom up to $170 then come right back down. Eventually, the math of high met coal prices and buying out 30% of your float will win.

Well several combinations: 1) P/C was 2.5 to 3 the entire last week, 2) sector rotation from XLE, XLF, XLV, and XOM into XLK, XLC, and SMH, 3) critical inflection point. All fuel for short covering. I'm starting to think MR short is negative EV but I'm gonna have to backtest that

XOM calls

Monday morning I almost bought 10 meta 187.50 calls but added to watchlist because I thought we might dump more on the bank news. $3.13 when I added they hit $16 today. Also had xom long dated puts in the watchlist. They are up over 100 percent. Ugh I’m an idiot

euro big oil below pre-pandemic values while XOM still hovers at 40% over.

So there’s plenty of time to buy puts you think?

I’ve already done well with XOM past week. Looking at &BP too

I bought Schwab average price around 50, and I just bought LUV. Have been in XOM and CVX for a long time and am pondering loading up more .

XOM going sub 100 cause oil's worthless shit

Nice. The last two weeks I've been buying nothing but CF/FCX/AVUV/AVDV, and today AMR/BTU/PSCE/XOM as well.

(by the way, check out Seeking Alpha's page on AVDV, there was some really nice articles written about it. The case for AVDV is very compelling for a medium/longer run outlook)

If analysts' price targets hold, and multiples aren't reduced, energy still the highest returning sector (projected) over the next 12 months. APA, DINO, PSX, XOM, EQT, in that order.

I dropped about $500 into mostly energy names (AMR/XOM/BTU/PSCE) today. Honestly AMR/BTU are at fantastic prices and really have little to do with Europe. Great entry points.

Bulls begging XOM not to fall below 100.

Wow, what a dump in energy. Just bought a share each of XOM, AVUV (US small cap value), AVDV (ex-US developed small cap value), 5 shares of PSCE.

Great entry point for AMR/BTU if you don't have any coal positions: those markets have little to do with European or US demand. Might add AMR.

Picking up XOM calls, shits gunna bounce watch

Sheesh XOM getting pounded

OMG XOM is a bargain!!!!

Buy the dip.

Xom +30% YOY

Anyone whose been buying calls all the way up has made plenty lol

Gas went up $0.20/gallon in like a week. Well over $4.10 now for basic unleaded

Thanks brando

Long $XOM

XOM dropping 5% wtf

Is XOM a buy? 🤔

I was thinking long calls on Xom

Just buy XOM

I got XOM calls up 70% from this morning

JFC this is getting uglier by the moment, XOM and CVX gonna open -5%.

Going full port XOM calls, everything else looks bullshit rn

Best portafolio for options: AAPl meta bac amzn spy slv gld uso cvx xom tesla

thinking about going balls deep in Xom calls next week, puts pritned the week prior

Got 376 k in bank in one account, but it’s at a too big to fail bank not worried. We got out of the market several months ago. Waiting for a huge drop to mortgage 5 more rental properties or have certain stocks hit a low to buy them with good dividends. XOM was a game changer during the pandemic

AAPL / MSFT (60%)

XOM (20%)

HRL (20%)

Rebalance Quarterly

This is one of my ports. Extremely effective, you can even do half that, and half index and bonds to be safe. But just don't listen to people saying you dont need bonds or some other uncorrelated asset, otherwise, what are you rebalancing against?

New economic environment means no money to fund anything for green energy, so oil is going to boom.

All in on xom

No Maxine Waters in the drivers seat to call for an emergency session either. Just some dipshit (R) who cares about his XOM stock.

A friend of mines does a year out with his 20000 shares of XOM and I was using him as a model. I am always open to other ideas.....

Been in XOM at 88. AINT SELLIN!

#How To Be A Good Climate Activist

• Own a private jet

• Lecture the poor

• Fly to Davos

• Give yourself an award

• Make rules to make poor people poorer

• Don’t follow the rules yourself

$ET calls. $OIL calls. $GUSH shares. $XOM calls.

I was buying low and selling high with XOM for a while.

Until, I sold all in one day and they never fell back down to what thought and continued to go up.

I keep telling myself a gain is a gain, but fuck, had I held on to it, it would've been like 65%-70% gain, instead of 25% gain.

Xom mooning

XOM made $12.75 billion last quarter, and is worth less than either.

For the past few days, XOM has continually shit the bed even when SPY rallies.

Couldn't find an easier target for puts.

Puts on $xom

Guess dumb regards are believing the NWO climate change bullshit because XOM has been getting gaped behind the Wendy's shed all god damn morning.

It's actually kinda funny to watch.

Umm.. unsure how this became a political thing. I vote for who I vote for and I’m not against bigger corporations pitching in with higher tax rates - heck, I’d even be ok with XOM cutting back on their dividend a little bit to do so.

nahh imma keep holding my XOM and keep rubbing my nipples tenderly

Seriously doubt they’d ever buy a major OFS company. It took them years to work their way out of those businesses. I worked for XOM when this move was occurring before becoming an energy analyst on the street. Classic case of outsourcing highly-specialized tech development vs building/maintaining it.

XOM trades sideways? After booking record profits every quarter? I'm surprised. I don't track XOM, but I assumed every oil company stock was on a bull trend.

It's easy to find underlyings that move sideways, but that isn't all that you want. You want underlyings that move sideways for short periods of time while experiencing high volatility in between. If they are just flat all the time, like a consumer staples company (GIS), they aren't worth trading because they have no volatility to trade on.

I'd suggest using a screener from an expected move site, like https://tools.optionsai.com/expected-move and just choose some maximum percentage for 1 week. Like less than 1% expected move. But then, like I said, you'd also need to screen for volatility, like you'd want a trailing volatility indicator like IV Rank or IV Percentile to be higher than average.

This is also a good question for the r/thetagang sub. They might have more insight or recommendations.

XOM 114 EOD ?

XOM a growth stock? At a PE of 8 times earnings? Its profits are growing but it is mostly using them to return $ to shareholders via buybacks and dividends. It is my largest holding by far, but still I hate to hear the word growth in this kind of prerecessionary environment.

ITM XOM calls ?

Maybe those folks shorted XOM stock

Hey there so for reference I am using iron condors pretty much every week and would like to know how I can find stocks that are trading sideways for the last 5 weeks I've been using the same 5 stocks and want to know how to find others. I've been using WMT, XOM, PYPL, BABA, & WFC. I open on Monday and try sell them all on Thursday if I've made more than 50%. (I choose weekly expiring dates) I have no problem playing it safe (always choosing 80% chance of profit even if the ROl is small compared to the collateral) Any comments, helpful websites, or YouTube links would be great!

Thinking XOM puts two weeks out

Well...yes n no. You don't need to be skilled to sell covered calls, yes it way limits upside but if you're gonna sell the position anyway at a certain price then ..whatever, no the stock doesn't necessarily need to be low quality. I've been selling cc in xom for awhile and the premiums are purty good...but yes not all individual stocks are good for selling cc, some of my holdings you have to go out months to get a few cents...that's definitely no good

🤣🤣 ok, XOM has been making record profits last few quarters! ET is worth what, 40 billion? Last I saw anyway.. this here is umm, shall we say a little under classed in ur comparisions? .. but hey, some guys claim it's the next big thing, so go ahead and fomo in tomorrow while the price is going up, u know u want to 🤭🤭

I always recommend people overlay SLB, HAL & BKR with XOM (or any other oil major) and let that tell you how things turn out.
Oil is obviously very cyclical, but the drillers just never really get to ride the wave in a big way. Don't get me wrong - they're great buys when they're down, but you really need to buy at the bottom in order for it to make good financial sense.
Also, compare their dividend increases over the past few decades.

But one thing that I find interesting: oil companies keep talking about how they're now paying out gobs of cash to their investors. Why? Oil has been stable and trending around $80 for quite a while now. They say they're rewarding their investors for sticking with them thru the rough patch. But my personal opinion is they're under-investing in future production, which will cause the future price of oil to go/stay up. Green energy is slowly replacing oil. Worldwide birthrates are flatlining. So oil's simple solution is simple supply and demand: pump less, then charge more for it.

Oil really is controlled by an international cartel, all working together to ensure fat profits.

I started in construction 🦺

Then I got all my paper work as a immigrant to work in USA and pay taxes

Since I was not going back to streets of mumbye no matter what so government could habe there cut

I notice working hard DONT mean shit in USA if u don’t combine it with skills

So I focus on plumbing and electrical and got my forklift license

Then I moved up and got a crane 🏗 operator license in my state and starting making big bucks

I made 130k my 3rd year here

Mind u I know the money in USA was in skills and learning all the advance machinery I can

As excavators , cranes 🏗 and forklifts

Then came the hardest part of my life

My boss who likes me a lot since I showed up ever day to work And had no life since I was traumatized by poverty and only had youth and my balls

Got a job at Exxon Mobil Drilling and production technology manger

He took me and 3 other from our 40 man team and That when I became a

oil field driller

In a drill ship in the middle of the FOOKEN ocean 🌊

I made about 220k that year but it was very hard as I was In the middle of the FOOKEN ocean sleeping in oil ships and oil drill stations Cold as Fook

Dark as Fook And sea waves are no joke as u can’t sleep sometimes due to the rocking motion

But I’m a man and life and wealth ainy FOOKEN easy

Did that for 4 years and on my 7th year my bank account hit 1 million

I had my money in spy and sphd and #XOM at that time so I did get compound Interest.

By my 8th year I married a USA citizen and by my 10th I became A citizen

MERICA baby

I looked at my life like a stock and made decisions to better the company stock With additions or getting market share in places no one else wanted to

For me it was in a ship in the middle of the ocean

And no kids so money adds up fast

#TESLA 250$ EOW

I started in construction 🦺

Then I got all my paper work as a immigrant to work in USA and pay taxes

Since I was not going back to streets of mumbye no matter what so government could habe there cut

I notice working hard DONT mean shit in USA if u don’t combine it with skills

So I focus on plumbing and electrical and got my forklift license

Then I moved up and got a crane 🏗 operator license in my state and starting making big bucks

I made 130k my 3rd year here

Mind u I know the money in USA was in skills and learning all the advance machinery I can

As excavators , cranes 🏗 and forklifts

Then came the hardest part of my life

My boss who likes me a lot since I showed up ever day to work And had no life since I was traumatized by poverty and only had youth and my balls

Got a job at Exxon Mobil Drilling and production technology manger

He took me and 3 other from our 40 man team and That when I became a

#oil field driller

In a drill ship in the middle of the FOOKEN ocean 🌊

I made about 220k that year but it was very hard as I was In the middle of the FOOKEN ocean sleeping in oil ships and oil drill stations Cold as Fook

Dark as Fook And sea waves are no joke as u can’t sleep sometimes due to the rocking motion

But I’m a man and life and wealth ainy FOOKEN easy

Did that for 4 years and on my 7th year my bank account hit 1 million

I had my money in spy and sphd and #XOM at that time so I did get compound Interest.

By my 8th year I married a USA citizen and by my 10th I became A citizen

MERICA baby

I looked at my life like a stock and made decisions to better the company stock With additions or getting market share in places no one else wanted to

For me it was in a ship in the middle of the ocean

And no kids so money adds up fast

I started in construction 🦺

Then I got all my paper work as a immigrant to work in USA and pay taxes

Since I was not going back to streets of mumbye no matter what so government could habe there cut

I notice working hard DONT mean shit in USA if u don’t combine it with skills

So I focus on plumbing and electrical and got my forklift license

Then I moved up and got a crane 🏗 operator license in my state and starting making big bucks

I made 130k my 3rd year here

Mind u I know the money in USA was in skills and learning all the advance machinery I can

As excavators , cranes 🏗 and forklifts

Then came the hardest part of my life

My boss who likes me a lot since I showed up ever day to work And had no life since I was traumatized by poverty and only had youth and my balls

Got a job at Exxon Mobil Drilling and production technology manger

He took me and 3 other from our 40 man team and That when I became a

#oil field driller

In a drill ship in the middle of the FOOKEN ocean 🌊

I made about 220k that year but it was very hard as I was In the middle of the FOOKEN ocean sleeping in oil ships and oil drill stations

Did they for 4 years and on my 7th year my bank account hit 1 million

I had my money in spy and sphd and #XOM at that time so I did get compound Interest.

By my 8th year I married a USA citizen and by my 10th I became A citizen

MERICA baby

I looked at my life like a stock and made decisions to better the company stock With additions or getting market share in places no one else wanted to

For me it was in a ship in the middle of the ocean

And no kids so money adds up fast

Tax exists, I'm not ignoring the capital gains tax you'd pay, but if you had 55k today, would you put it in XOM?

Alternatively, could you harvest losses this year to partially offset some of the gains if you cashed it out and put it into broad funds like VTI/VXUS?

It sounds like you bought oil stocks at the bottom at a good time. That's great, but generally I like to take those 'dumb luck' type of wins and place them into my core holdings that are just about guaranteed to make me win in the very long term.

What is your opinion on the prospects of XOM. This should guide you as to whether you should increase or decrease your position, not percentage allotment.

Since you have an active component to your strategy, you need to keep in mind that for active strategies, diversification is bad, the idea being that you know what you are doing and know how to pick your investments.

If you are not comfortable with an active strategy, then regardless of what you think of XOM, I would DCA in reverse and begin selling. I would think hard about whether or not you would want to pursue an active strategy again if you are uncomfortable with a successful strategy. Imagine if the strategy was unsuccessful.

You don't have to do everything at once. Shut off DRIP for XOM, sell a little every year.