I looked at these since July 7 (Iran war restarted), they moved up significantly.
With the war showing no end in sight, anyone here buying OTM calls for these?
I asked Google to generate a gain table assuming the stocks still gaining a similar percentage since July 7. Can someone give me some up and down, tips, yes and no. I appreciate that.
These are OTM calls. The premium is stale since Friday.
* 🛢️ **USO ($135 Call @ $5.50 Premium):** Breakeven is **$140.50** *(Requires a +13.3% move from its current $123.96 price)*.
* 🚀 **UCO ($46 Call @ $3.40 Premium):** Breakeven is **$49.40** *(Requires a +20.5% move from its current $41.00 price)*.
* ⛽ **UGA ($130 Call @ $5.00 Premium):** Breakeven is **$135.00** *(Requires a +12.6% move from its current $119.87 price)*. \[[1](https://app.achievable.me/study/finra-sie/quiz/VQXFMWBX?seed=12345), [2](https://bookmap.com/knowledgebase/de/docs/Addons-Breakeven-Point-Indicator)\]
|**Time Horizon**|**USO Position Value (18 Contracts)**|**UCO Position Value (29 Contracts)**|**UGA Position Value (20 Contracts)**|
|:-|:-|:-|:-|
|**Day 0 (Entry)**|$9,900|$9,860|$10,000|
|**Day 1**|$10,610|$10,641|$10,790|
|**Day 2**|$11,647|$11,921|$11,946|
|**Day 3**|$12,860|$13,496|$13,296|
|**Day 4**|$14,202|$15,299|$14,791|
|**Day 5**|$15,650|$17,293|$16,403|
|**Day 10**|**$24,059** *(Crosses $140.50)*|$29,475|**$25,767** *(Crosses $135.00)*|
|**Day 11**|$25,874|**$32,042** *(Crosses $49.40)*|$27,789|
|**Day 15**|$33,886|$44,464|$36,710|
|**Day 20**|$44,764|$61,626|$48,823|
|**EXPIRY (Day 24)**|**$54,089** *(Stock: $165.05)*|**$76,678** *(Stock: $72.63)*|**$59,207** *(Stock: $159.62)*|
Since this is a question, I don't know if I violate any rules bc I don't see that listed. But if so, please let me know so I can delete the post.
