buy 153 oxy and sell 100 xle or 1530 long oxy 1000 short xle

22 oct.

i expect oxy to outperform xle
i made my own ratio based on my own proprietary means of making a ratio that i thought worked.

you pay 215 a year in dividends on 100 xle minues the oxy gains of 85
you pay 2100 a year in xle dividends on 1000 xle minus the oxy dividend gain of 850 per year

this trade is very near its all time low.

i expect the trade to work out and i will exit half when the trade gets to zero
netting 500 on 50 units and netting 5k on 500 units

the second 50 units i would run until about +1000 and exit

this would net
20 x50= 1000 so total gain would be 500 plus 1000 or 1500
on 1000 units this would net $ 15,000

i am putting this trade on tomorrow

is my mathe corect?

1 nov.

Note

i am continuing to buy this pair

1 nov.

Note

bought another 153 oxy sold 100 xle i will keep dollar cost averaging in this trade until it works

5 nov.

Note

buying more oxy today and selling more xle in small ratio qty. this trade shoul dpay off big after the earings of oxy. i will also add to this trade no matter where oxy ends up after earnings. if i get a msaive pop in oxy after earnings then i will take a little off if at profit or break even probably 20 % reduction

7 nov.

Transaction en cours

still buying this pair right now adding

8 nov.

Trade fermée: cible de profit atteinte

this pair is still going down unfortunatley and i havebeen adding and adding . i am still adding tothis air but i epected it to move up sooner than it has i am still in belief that this company oxy will outperomr the index

9 nov.

Note

This trade pair continues to go into the negative. the pair unit is 153x100 and each unit is down about 500 dollars
if you had 3 units since posting this you would be down 1500 dollars on the pair.

however i have been dollar cost averaging almost every day on the way down and i currently have
5 units with an average price of -1348
so i am down about 1500 ish but i own 5 units
5 units is 765 oxy and 500 xle

there should be a few days where oxy gains massivley against exle and my profits will surge on this trade. i will exit 2 or 3 units and hold the rest .
if you weere thinking about puttin gon this trade it is highly desireable at these prices in my opinion

11 nov.

Note

still buying thi spair. oxy earnings tomorrow could make or breakthis trade..should i tbreak this trade i will buy more . i amin about 50 % of what ican handle max either way i anticipate oil prices togo up in a few months

12 nov.

Note

bought more today big night after the bell fo rme . reallyneed oxy to rally hard on earnings

12 nov.

Note

up over 1000 in profit now on this trade after earnings..
exactly what i had hoped for!!

13 nov.

Note

finally getting this pair to move higher after 4 days of going lower.. oxy earnigns were good and they are paying down debt. not to mentionwarren buffet gas 300 billion in cahs to help out this cmpany whenever it needs cash.

this si still an amazing buy down here
im buying more now but i overslept on purpose today and missed a great addd price thsi morning but it looks like the bottom onthis pair may be in for now

il y a 3 jours

Note

still downon this pai and i am not adding anymore at this point. if i get a drop in oxy to say 48 i will do one last add but i am going to have to sell some other stock in order ot beable to afford it. i do believe that this pair will get more in line and when it does shoud very quickly pay me. this is the tuff part about pair trading and why it is easy to actually blo wup when you are seemingly hedged . you can get way in over your head very quickly over time but when the pair re aligns itself and values come back into equilibrium youget a very violent and fast re gain of your losses and some profit. once again i added into this pair too big too soon whihc hs always been abd sid eofmy trading.

avant-hier

Note

thispairis finallygainignsomegorundhigher .imastilldownaround 3konthis trade at themoment but have all but 2 units completed. theis pair whenit goe higher will explode higher a few thousnd dollars and then relax then explode higher then relax. i will exit some with a profit tgt of aroudn 5k total on about 3/4ths of the position iwill then let the other 1/4th run for a few months into christmas.

also the thanksgiving holdiay should put som epricing upwrd pressureon crud ewhich may help oxy
natural gas prices rising rapidly should also help oxy bust higher