-$290 Loss
OXYLong Option

Entry comments: Taking another shot at this Warren Buffet Oil/Gas play on a pullback to the breakout level on a significant dump in the markets. Most the dump on Tech and shiny objects; this has potential, especially with Trump in office and negotiations with Russia and Ukraine ongoing. Goal is commons back to $50.
Exit comments: Ugly loss on this one. Had a sell set, which was close to executing, but I was in a meeting and didn't get the opportunity to cut it for a smaller profit. Was patient at 48.50, but Trump's tariffs announcement caused selling pressure. Just cut it...not wanting to fuck around and find out tomorrow.
Newsletters:TimChallenge
Broker:Fidelity
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| Date | Price | |
|---|---|---|
| Entry | 2/25/2025 | 1.00 |
| Exit | 2/26/2025 | 0.71 |
- Total Views37
- Position Size10
- Percentage-29%
- Option TypeCALL
- Strike50.0
- Expiration3/21/2025
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