XOM
Exxon Mobil Corporation
stock NYSE

Good job! Can I ask what the dividend yield is on this account and how long you have accumulated it? Also, do you pay attention to whether the dividend is qualified or otherwise (ordinary income, capital gains, return of capital, etc).
I started doing something similar to this about 30 years ago, before we had discount brokers and ETFs, which have simplified the process. I started with DRIPs through individual companies like KO, PEP, IBM, CVX, XOM, PFE, JNJ, etc. But then I transferred everything to a discount broker and eventually migrated to ETFs.
Kudos to you for holding individual stocks! Old school!

I tend to mostly sell weekly CSPs but I've been looking at some of the ones with more time (aka more theta).
If I sell a CSP on Monday, and get say 1% return on my capital, that's awesome. If say Wed,Thu,Fri I can buy that thing back for literal pennies (I bought one back today for 0.02 per share). Then I will do that to free the capital, and then redeploy the capital on another CSP with <3DTE. I don't get nearly as good of a return on the second one, but it's extra!
Example I did this week:
5/12 - PUT PLTR $112 5/16 - Sold for 1.23 (+1.0982%)
5/16 - PUT PLTR $112 5/16 - Bought for 0.02 (-0.0179%)
5/16 - PUT XOM $107 5/16 (0DTE) - Sold for .21 (+0.1963%)
I mean it's not much, but that extra little boost got me to 1.42/112 = 1.267% which is still more than my 1% I target to get on each CSP at the end of the week.
Now I've had way better turn arounds than this, I've even made 1% a second time, but hey, you don't always get that lucky!
BTW, I use Robinhood, so the only commission fees I have is the regulatory fee of 0.04 per option trade. I don't usually include it in my calcs, but on small trades it does add up like buying back that .02 option. It cost me $2.04.
I just started selling CSPs in late March, and out of 33 trades, have only had 1 assigned. My goal is to target -0.1 to -0.3 delta, and make 1% for the week. If those numbers line up and it's a stock I wouldn't mind owning for the long haul, I'll make the trade. And if it's oddly a 3-4% return, I may do the trade a bunch of times. :)

Personally, I have some on drip and some not. Once i get to a comfortable amount on a stock or don’t believe in it as much anymore, ill start putting it elsewhere.
I bought XOM at the low right after covid, im more than 100% up on it and just stopped reinvesting divis in the middle of last year because I saw better opportunities but also did not want to sell the position.

Anyone every buy back their winning sold puts and resell a 0DTE with the capital on fridays? I've also done this on Thursdays for a 1DTE trade for slightly more return. I did one today:
5/12 - PUT PLTR $112 5/16 - Sold for 1.23
5/16 - PUT PLTR $112 5/16 - Bought for 0.02
5/16 - PUT XOM $107 5/16 (0DTE) - Sold for .21
Last day, converted that $2 in value on the PLTR to $21 in value. It's a small win, but I was happy about it, feels very repeatable.
Fundamentally in a week, that 11,200 in capital earned 142, or 1.27% in a week. Even if I took all my earnings off the table each week, that's 66% per year

Your argument here is not a statistical "bias" argument. What you are trying to argue is that no one here owns shares. That is a POOR argument.
I don't own Exxon Mobile so I don't go to any XOM site on the Internet. And if I did go there and subscribe to their site, I would likely not stay there, or to unsubscribe from it....because it is of no value to me.
So you are trying to argue here that there are people here that do not won the shares. And I think you are trying to make a wrong argument.
And if you are trying to argue that someone willing to engage here is more likely to own shares, or to own more shares than someone here who owns shares that is less willing to engage, this is also a very weak argument.

What's a good energy ticker for calls on temporary oil shortage? Like XOM?

IRM, XOM, VLO, GIS, COKE, GLD

1) RLI- current price $74.83. Current annual dividend is $4.89. $6.54% yield
2) DUK- $115.84, $4.18 annual dividend. 3.61% yield.
4) CVX - $142.26, $6.84 annual dividend. 4.81% yield
4) XOM - $108.58, $3.96 annual dividend. 3.65% yield.
5) AMT- $211.68, $6.80 annual dividend. 3.21% yield
6) PM- $169.14, $5.40 annual dividend. 3.19% yield.
7) MO- $58.06, $4.08 annual dividend. 7.03% yield.
8) VYMI- $77.89, $3.27 annual dividend. 4.20% yield.
9) SCHY- $26.55, $1.05 annual dividend. 3.96% yield.
10) EUFN - $31.21, $1.25 annual dividend. 4% yield.
11) SO - $87.83, $2.96 annual dividend. 3.39% yield.
12) T - $27.33, $1.11 annual dividend. 4.06% yield.
You’ve heard from others about SCHD, JEPQ, and JEPI. For ETFs, they can have lower volatility than a normal stock. You don’t have to keep tabs as much as you would on individual companies. Individual companies may see their stock decline because of earnings calls, lawsuits, recalls, investigations, poor marketing, competitors outpacing them etc. Individual companies can also have surges and cycles. If you look at oil stocks, you can hold them long term if course. You could also ride the wave up to a good number and get out before the cycle has it drop like a rock.
If you’re new to dividends, be careful of yield traps where the yield is too good to be true. Look for share price erosion (NAV erosion). You’ll see some stock prices continually go down so you are losing money on the share price by trying to chase dividends.
Check the charts to see what kind of growth and cycles your picks go through. You might find one where it’s YTD is like 15%, but then on a chart you’ll notice it’s been on a decline since April. So it started off great, but it’s not doing well in the current economic and political conditions.
Find a good entry point. Make sure it makes sense for your portfolio. Don’t go too focused on one sector. Have some diversity. Look at UPS for the danger of investing in one company and a falling knife. It has a great dividend, but imagine if you invested at all time highs and didn’t realize the decline in share price was permanent. Will they get back to over $200 a share? I personally doubt it. But you never know.
For all my picks, I’m not married to them. If keep performing with share price, I’ll keep them. If they start tanking, I’ll get out and re-enter when it stabilizes. Normally I get back in near or below what my cost basis was previously.
Keep tabs on how tariffs and laws affect each industry. So you don’t get stuck holding the bag thinking it’s just a temporary decline. Any decline could become a decline that permanently stays below your cost basis.

I agree…somewhat. I agree that before purchasing an equity (or bonds for that matter), one should have an “exit plan.”
However, valuations, outlooks, guidance, allocations are in constant flux. Therefore, it only makes sense (to me) that one’s exit plan should do so as well.
Buffett has exited many positions within a quarter or two (ULTA comes to mind) after purchasing. Not sure if that was his original “exit strategy,” but I doubt it.
If your XOM had announced a huge buyback of shares, increased the divi, or something had happened that would have dramatically increased shareholder value or future FCF, would you have still stuck with your plan? (Or even the Visa-versa- ie-Valdez or BP’s Deepwater Horizon disaster)?
Unless in index funds, my belief is ya gotta re-evaluate your equity positions fairly frequently, especially if the fundamentals change for whatever reasons.

I disagree. Value investing is a strategy and timing is a part of your strategy. When I bought XOM in late 2020 I told myself “short term play off ridiculous covid panic, sell in a few years at most” (during covid people literally said crude was over……..what?) After it more than doubled I thought I would reevaluate or buy more. But I stuck to my original plan and sold in April 23’.
If you think a short term fluctuation shows a profit opportunity, go for it and stick to your mind.

still love the companies i picked up when first entering the market in 2020 (PEP, MO, IRM, XOM, IBM, T), the last few weeks have been picking up PK (a REIT that specializes in hotels)

XOM fucked me

Not a reco. Just an opinion.
KO, O, PG, JNJ, MO, CV, XOM, ABBV

I trade the 2x and 3x stocks like SOXS/SOXL, TQQQ/SQQQ, TZA, TSLQ, some NVDA and boring stocks like XOM.