For anyone who wanted a second bite at the Energy Bear apple, your time has come.
For anyone who wanted a second bite at the Energy Bear apple, I think your time has come. Here is XLE, my instrument of choice.
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I have a substantial put position, expiring October 15th. Ideally, we will remain below the price gap at 49.30:
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Here is the lifetime view, which I think helps illustrate the opportunity for downside.
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This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
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