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Bowl Leader
What is the reason for the price per share threshold, covered calls?
Cheap doesn’t mean they’re good
But will add PCG.
Chief
You need a better list
Chief
BP, LUV, T, WFC to start, may not be sub 20 but close
I bought some USO. It was at 2.90ish for my purchase. My thinking was, “why not?” It has since dropped to like probably the 2.30s tomorrow. So, why not?
Bc USO is made up of oil future contracts. If oil today is worth SIGNIFICANTLY less than in the future (bc no demand, or ways to store it) when I sell my contract I lose money. That money is gone. Then that money is returned to a higher priced future contract. If that happens multiple times. You run out of money and the fund dissolves.
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