Time For Energy

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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Disclaimer: 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 ...

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