As a liberal from a left-leaning family, oil would have to be a RIDICULOUSLY good opportunity for me to even consider investing.
**Well here we are.**
The US - Iran conflict is likely to drag on for weeks, if not months. The straights of Hormuz will be closed for all oil traffic (20% of the worlds \~ 100 Million barrels per day). Historically any closure has driven oil prices dramatically higher.
[https://imgur.com/a/q3DE6Rd](https://imgur.com/a/q3DE6Rd)
**Isn't it funny that Orange Man starts a war and his buddy's make billions? This conflict could easily send oil over $100/barrel.**
ConocoPhillips COP is my preferred options target. They are primarily a US company with very little exposure to the middle east. The stock is highly vulnerable to the price of oil. Oil goes to $100 they are popping champagne. Oil goes to $30 and the vultures are circling.
[https://imgur.com/a/12Q8Lru](https://imgur.com/a/12Q8Lru)
I don't love it, but as a retail trader I am going to profit from the short term pop, just as I would love to profit when the conflict ends and oil plummets and shares fall again.
Calls on Monday. Puts when the shooting stops.
If Monday's volatility sends COP over $130 before I can hit it, I may rethink this strategy.
