I started the XOP ETF trades last August as oil and natural gas commodities began their decline. The decline boost the returns I could receive through selling options and trading the whipsaws in this ETF, making it easier to sell puts far out of the money to try to avoid assignment of shares on the way down. If you review the trades from 2014 you can see the number of roll-downs done as well as periods when additional capital were needed.
The strategy I am using for the XOP ETF is detailed out in the 2015 trades.
The XOP ETF covers a variety of companies through the SPDR ETF S&P Oil and Gas Exploration and Production ETF. It trades on New York under the symbol XOP.
These are the trades starting in January 2015.
XOP ETF Trades For 2015 Update as of Feb 2 2015
FullyInformed USA Members can review the last XOP ETF trades for 2015 through this link or they can sign in to the full USA members site here. Non-members can join here or read about the benefits of being a member.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.