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bbotcs

10/15/24 2:25 PM

#15401 RE: littlejohn #15398

lj: VTLE, etc.
VTLE is getting to a bottom, imo. I sold the Nov. 15 $22.50 put.
We know something that some investors don't know--those hedge contracts.
Today's drop in oil makes them look even better. However, they are getting less for oil priced at market, but so are other oil companies. I'm almost 100 percent sure that VTLE will hit $30 a share again before the year is out.
PR--I am riding out the storm; the dividend is the reason.
Speaking of storms, I guess U are well aware that there is another potential hurricane that could hit Florida. I haven't read up on this system yet; too early to predict where it will go.
If it goes anywhere near SW Florida, holy hello.
Weather here today and tomorrow is in the 50's with a breeze.
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bbotcs

10/15/24 2:26 PM

#15402 RE: littlejohn #15398

One more thing, Vern. Unless Isreal bombs Iranian oil fields, it looks like gasoline will be $2.75 a gallon or less just in time for the election. Will wonders ever cease!