re: Who is still holding O&G stocks?

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Still holding cvx and BP as I have for many years.

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I got into a midsize BP position several years ago off a series of short puts that got assigned. I kept it. Although I’m up about 10% on the equity, what’s made it’s range bound performance bearable is that I’ve sold covered calls against it dozens of times. I’d like to lighten the position, but even with high delta calls, it refuses to leave me.

I’ve got some 36 strike calls that expire on 1/13/23. Let’s see if some shares finally move out of my account.