Apologies @corgifan, should have acknowledged your original post.
@jimk3758, not a badge I wear with pride.
I just checked oilprice.com $13.11. Ouch.
To those LTHs who will bottom draw this and check it again in two years, fair strategy. I just choose to take my loss now (which I can offset) and put a significantly smaller amount of capital at risk when we're in single digits. The thing that worries me is the oil storage situation. OOO is tied to WTI and the situation is looking precarious in the US :
https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/no-place-to-go-oil-storage-filling-up-amid-collapsing-demand-excess-production-57865154
Oil price.com just now $12.79
