XLE
State Street Energy Select Sector SPDR ETF
stock NYSE ETF

Don't do gold. If you really want some, have it, but it's not a great hedge. Do oil stocks and etfs like XLE. Energy stocks are a good hedge against inflation. Everyone needs energy, same can't be said for gold.

My brokerage portfolio will be 8 etfs total when I start my Stage 2. My roth will be 6 etfs by year 18.
Brokerage: QQQM, SOXQ, URNM, XLE, COPX, SHLD, SGOV, XLV (added soon).
Roth: VTI, VXUS (add august 2026), SCHH (may 2027), VHT (October 2027), SGOV (May 2028), SCYB (January 2044).
1 caveat, all etfs have a replacement protocol before they go live and also a review every 6 months to see if they’re still the right fit. Currently QQQM is being evaluated against IQQ and QNDX.

XLE puts were so obvious on Friday

As a beginner, do not CSP on individual stocks. Learn the ropes using a low-volatility index or low-volatility ETFs. Try to work several uncorrelated tickers to gain some diversification. E.g., with $25k you could work some combination of XLE, XLF, XLP, and TLT. Be aware of ex-div dates. IMPORTANT!: If anyone tells you to seek out premiums that are "juicy", that person is an idiot.

Sounding better and better for my XLE calls

I've still held some XLE Aug 7th $61 calls over the weekend. I really think even if news causes selloff Monday, with how low the strategic oil reserves are getting there's no way these low oil prices can remain for much longer no matter what happens in the middle east 

My tip is nobody can predict the market. It is not "pretty much gambling." It is gambling.
Look at 7/24 SPY. Lot of people bought call just to watch it cratered from 743 to 738 eod.
Pre market, a massive dump on semi occured. Yet at opening, SPY went up. Sure somebody can say money was rotated and added into other sectors because XLE and XLR, financial, and others went green. But really can you 100% confirm that? But surely it can narrowly explain the spike a bit but not 100%.
Then boom, how do you explain the crash at mid day? Someone could say "well it didn't crash at opening although semi tanked premarket, I don't think it will tank today at all?" It did.

Don't do gold. If you really want some, have it, but it's not a great hedge. Do oil stocks and etfs like XLE. Energy stocks are a good hedge against inflation. Everyone needs energy, same can't be said for gold.

My brokerage portfolio will be 8 etfs total when I start my Stage 2. My roth will be 6 etfs by year 18.
Brokerage: QQQM, SOXQ, URNM, XLE, COPX, SHLD, SGOV, XLV (added soon).
Roth: VTI, VXUS (add august 2026), SCHH (may 2027), VHT (October 2027), SGOV (May 2028), SCYB (January 2044).
1 caveat, all etfs have a replacement protocol before they go live and also a review every 6 months to see if they’re still the right fit. Currently QQQM is being evaluated against IQQ and QNDX.

XLE puts were so obvious on Friday

As a beginner, do not CSP on individual stocks. Learn the ropes using a low-volatility index or low-volatility ETFs. Try to work several uncorrelated tickers to gain some diversification. E.g., with $25k you could work some combination of XLE, XLF, XLP, and TLT. Be aware of ex-div dates. IMPORTANT!: If anyone tells you to seek out premiums that are "juicy", that person is an idiot.

Sounding better and better for my XLE calls

I've still held some XLE Aug 7th $61 calls over the weekend. I really think even if news causes selloff Monday, with how low the strategic oil reserves are getting there's no way these low oil prices can remain for much longer no matter what happens in the middle east 

My tip is nobody can predict the market. It is not "pretty much gambling." It is gambling.
Look at 7/24 SPY. Lot of people bought call just to watch it cratered from 743 to 738 eod.
Pre market, a massive dump on semi occured. Yet at opening, SPY went up. Sure somebody can say money was rotated and added into other sectors because XLE and XLR, financial, and others went green. But really can you 100% confirm that? But surely it can narrowly explain the spike a bit but not 100%.
Then boom, how do you explain the crash at mid day? Someone could say "well it didn't crash at opening although semi tanked premarket, I don't think it will tank today at all?" It did.

I shorted xle this weekend on a whim, cheap puts exp August 21st, maybe good news out of the Middle East, XLE seems like it can’t break $60-$61