OPEC Meeting Fallout: Weathering Heat In Energy Positions With COP And SLB Puts

Pump Jack, Oilfield, Oil, Fuel, Industry, Petroleum

Image Source: Pixabay

The latest OPEC meeting was another “buy the rumor/sell the news” kind of event. Saudi Arabia did indeed win agreements for member-nations to cut back and yet………….

My own two energy positions have been feeling some heat lately, but I think we’re past the rough part.

COP February $130 puts


SLB February $65 puts


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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...

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