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RE: My Bull Put Credit Spread On BP

in LeoFinance3 months ago

One of the few dividend aristocrats that I don't like to invest long-term... don't like to invest in oil companies, I have a feeling they are a dying breed that should disappear with time if they don't innovate out of the oil business... but oh well...

Probably going to get bailed out and the tax payer will be the one that will carry their debt plus no dividends means they will be able to sustain the business for a while... good call option, the smart money is indeed smart