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☆ This oil refiner could get a boost as summer approaches. Using options to capitalize on the gains
▼ + stars: | 2024-04-08 | by ( Michael Khouw | ) www.cnbc.com time to read: +4 min

The move higher for energy stocks comes as West Texas Intermediate crude oil approaches the mid-2022 highs of $88.31 per barrel. Theoretically, one can make bullish bets on oil using an ETF, such as the United States Oil Fund (USO) . However, I would caution against using this as an investment vehicle to make a long-term bullish bet on oil. SPR decline As the chart below illustrates, the country's Strategic Petroleum Reserve declined sharply in the lead-up to the 2022 midterm elections – keeping oil prices in check. The total cost of the spread risks just under 4.4% of the current stock price.

Persons: It's, Brent, Biden, Kinder Morgan Organizations: West Texas, United States Oil Fund, USO, country's Strategic Petroleum Reserve, Halliburton, Schlumberger, Valero, Marathon Petroleum, Marathon, MPC Locations: Marathon

☆ The big, month-long rally in commodities is turning these ETFs into winners
▼ + stars: | 2024-04-06 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

Some equity funds closely tied to those commodities, such as those that invest in gold and silver miners, have soared even more. Five of the six biggest gold ETFs have seen outflows this year, totaling almost $3 billion, according to FactSet. GLD 5Y mountain Gold, and the ETFs that track it, are trading at record highs in early 2024. The fund's holdings include gold, silver, platinum and palladium. Meanwhile, Teucrium has several ETFs focused on agricultural commodities that have climbed over the past month as well, including the the Teucrium Soybean Fund (SOYB) , up over 3%.

Persons: Jake Hanley, Hanley, Robert Minter, Minter, Teucrium Organizations: United States Oil Fund, Hershey Locations: East, Europe

Conservatives have looked to country music over the decades to voice political beliefs and react to social change. Maines called Keith’s song “ignorant,” while Keith began performing in front of a doctored photo of Maines with Saddam Hussein. KEITH WAS A FAN OF THE MILITARY, AND VICE VERSAIn the years following “Courtesy,” Keith participated in 18 USO tours, performing for more than 250,000 service members in his lifetime. Lucas says he and others sent CDs with Keith’s song, “American Soldier,” to the wives of the men serving with his son. Keith “emboldened others in country music to think viewpoints that might be perceived as angry and conservative were okay to express,” Willman says.

Persons: — Toby Keith’s, Keith, We’ll, Jason Aldean, Jason Isbell, ”, Chris Willman, “, Willman, Willie Nelson, Amanda Marie Martinez, Jim Crow America, ” Martinez, Merle Haggard, “ Okie, Haggard, Ronald Reagan, Richard Nixon, Hillary Clinton, Barack Obama’s, “ Let's, George W, Bush, Obama, Donald Trump, it’s, Joseph M, Thompson, Alan Jackson, Jackson, Darryl Worley’s “, Clint Black’s “, Natalie Maines, Maines, Saddam Hussein, KEITH, ” Keith, John A, Lucas, ” Lucas, ’ ” Lucas, Aldean, Oliver Anthony’s “ Rich, Keith “, ” Willman, Pat Finnerty, Toby Keith, Hogan, ” Finnerty, ‘, Finnerty, Jude ’, it’d, Maria Sherman Organizations: Country Music, Variety, Pentagon, Dixie Chicks, U.S . Army, Army, North Locations: NORFOLK, Va, U.S, Afghanistan, Iraq, America, Vietnam, Muskogee, Iran, Clint Black’s “ Iraq, Richmond , Virginia, Tennessee, Richmond, ”, Philadelphia, Los Angeles

NORMAN, Okla. (AP) — “Beer For My Horses” singer-songwriter Toby Keith has died. “The money to be made was unbelievable,” Keith told The Associated Press in 1996. “Should’ve Been a Cowboy,” his breakout hit, was played 3 million times on radio stations, making it the most played country song of the 1990s. “They were trying to get me to compromise, and I was living a miserable existence,” Keith told the AP. “I always felt like that the songwriting was the most important part of this whole industry,” Keith told the crowd of fellow singers and writers.

Persons: NORMAN, Okla, Toby Keith, Keith, “, ”, Beer, Willie Nelson, ” Keith, I’ve, I’m, ” ‘, Harold Shedd, Shedd, “ Should’ve, Shania Twain, That’s, “ I’ve, Bobby Braddock, “ They’re, He’s, George W, Bush, Barack Obama, Donald Trump, We’ll, Singer, Steve Earle, Natalie Maines, Maines, Saddam Hussein, FUTK, Ethan Hawke, Kris Kristofferson, Hawke, Vince Gill, Scott Borchetta, Trace Adkins, Joe Nichols, Josh Thompson, Clay Walker, Phil Vassar Organizations: Associated Press, Oklahoma City Drillers, United States Football League, Mercury Records, Alabama, AP, DreamWorks Records, Academy of Country, “ Billboard, Arts, “, Universal Music Group, DreamWorks, Universal, Songwriters Hall of Fame, BMI Locations: Oklahoma, Texas, Nashville, Mercury, Oklahoma City

☆ What will it cost you to buy a bitcoin ETF? Here are the cheapest and most expensive funds
▼ + stars: | 2024-01-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

The Bitwise Bitcoin ETF (BITB) has the lowest expense ratio of all the new bitcoin funds, at 0.20%. Several other funds are close behind, including the Ark 21Shares Bitcoin ETF (ARKB) at 0.21% and the iShares Bitcoin Trust (IBIT) at 0.25%. Other proposed funds have similar waivers, meaning early adopters of the bitcoin ETFs will have little or zero management cost for a brief time. Bitcoin ETF fee comparison Fund Ticker Fee Bitwise Bitcoin ETF BITB 0.20%* Ark 21Shares Bitcoin ETF ARKB 0.21%* Fidelity Wise Origin Bitcoin Fund FBTC 0.25%* iShares Bitcoin Trust IBIT 0.25%* Valkyrie Bitcoin Fund BRRR 0.25%* VanEck Bitcoin Trust HODL 0.25% Franklin Bitcoin ETF EZBC 0.29% WisdomTree Bitcoin Fund BTCW 0.30%* Invesco Galaxy Bitcoin ETF BTCO 0.39%* Hashdex Bitcoin ETF DEFI 0.94% Grayscale Bitcoin Trust GBTC 1.5%Source: SEC filings; * indicates temporary waiver for part or all of the management feeThe fees for bitcoin funds are higher than many broad stock index funds, with the SPDR S&P 500 ETF Trust (SPY) charging less than 0.10%. For example, Ark-21Shares, Valkyrie, Invesco-Galaxy and others had shown higher fees initially but lowered them in subsequent filings.

Persons: Jonathan Raa, Bitwise, Bryan Armour Organizations: Nurphoto, Franklin, SEC, Trust, United States Oil Fund, Fund, North America, Morningstar

☆ Zero-day commodity options have now entered the ETF space
▼ + stars: | 2023-12-01 | by ( Natalie Zhang | ) www.cnbc.com time to read: +1 min

Investors can now trade commodities and a Treasury with a popular short-term options strategy. The Nasdaq recently launched five zero-day options-based exchange-traded funds: United States Oil Fund (USO) , United States Natural Gas Fund (UNG) , SPDR Gold Shares (GLD) , iShares Silver Trust (SLV) and iShares 20+ year Treasury Bond ETF (TLT) . It has taken the options market by storm. The surge in activity surrounding zero-day options has some analysts worried about a negative impact on the market. "I don't think the tools themselves are inherently breaking the market," Nadig said.

Persons: Dave Nadig, CNBC's, Nadig, it's Organizations: Treasury, Nasdaq, United States Oil Fund, United States Natural Gas Fund, Bond ETF Locations: United

☆ Investors were betting big on crypto and some commodities with options during slow Thanksgiving week
▼ + stars: | 2023-11-27 | by ( Michael Khouw | ) www.cnbc.com time to read: +7 min

The 2.7 million individual trades were far lower than the 5.2 million trades from the Friday a week prior. In fact, the options market itself is saying there is only a 10% chance these calls expire in the money. Call spread risk reversal: Bought MSTR Dec. $600 call $15.40 Sold MSTR Dec. $650 call $8.85 Sold MSTR Dec. $430 put $7.20 Net credit = 65 cents When one sells a downside put one is taking the risk of purchasing the underlying at the strike of the put that is sold. The options flow in these ETFs suggests traders are betting on lower oil and gas prices. Several big names will be reporting earnings, here is a table of those that have weekly options, their earnings-related implied moves, and our options sentiment score.

Persons: Crypto, MARA, outpacing, ProShares UltraShort Organizations: Coinbase Global Inc, Marathon Digital Holdings, Microstrategy Inc, Bollinger Bands, Bloomberg, Oil, ProShares, Gas, ProShares UltraShort Bloomberg, United States Oil Fund, Hecla Mining Co, Royal, Inc, Intuit, Marvell Technology Locations: United States, Opec, Hecla, Kroger

How to watch WWE Survivor Series live streams from anywhereYou can use a VPN to watch Survivor Series live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Survivor Series in the UKTNT Sports Box Office will show Survivor Series in the UK via providers Sky, Virgin Media, and BT TV. How to watch WWE Survivor Series in CanadaSurvivor Series will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Survivor Series in AustraliaBinge is the primary destination for Survivor Series in Australia. WWE Survivor Series match cardHere's a schedule of all the matches taking place at Survivor Series.

Persons: showdowns, Randy Orton, Cody Rhodes, Seth Rollins, Sami Zayn, Asuka, Baily, Iyo, Bianca Belair, Charlotte Flair, Becky Lynch, We'll, Peacock, Canada's, It's, ExpressVPN, NBC Peacock, you've, Randy Orton Cody Rhodes, Finn Balor, Dominik Mysterio, JD McDonagh, Damian Priest, Drew Mcintyre, Bayley, Kairi Sane, Rhea Ripley, Zoey Stark, Gunther, Carlito, Santos Escobar Organizations: WWE Survivor, Games, Jey Uso, Damage, Survivor, WWE, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Canada Survivor, Sportsnet, Survivor Series, Men's, Uso, Women's, Miz Locations: Chicago, United States, Australia, Canada, Shotzi

☆ Bidens to join military families at 'Friendsgiving' meal in Norfolk
▼ + stars: | 2023-11-19 | by ( Steve Holland | ) www.reuters.com time to read: +1 min

U.S. President Joe Biden and first lady Jill Biden leave the White House to board Marine One in Washington on November 11, 2023. Acquire Licensing RightsWASHINGTON, Nov 19 (Reuters) - U.S. President Joe Biden and first lady Jill Biden will join military personnel and their families on Sunday for an early Thanksgiving meal dubbed "Friendsgiving." The event will take place at Naval Station Norfolk in Norfolk, Virginia. While in Norfolk, the Bidens will kick off an advance screening with service members and their families of “Wonka,” a new musical fantasy film focusing on a young Willy Wonka. Then, they will participate in a Friendsgiving dinner with service members and military families associated with the Dwight D. Eisenhower and the Gerald R. Ford aircraft carriers.

Persons: Joe Biden, Jill Biden, Amanda Andrade, Rhoades, “ Wonka, Willy Wonka, Dwight D, Eisenhower, Gerald R, Robert, Steve Holland, Franklin Paul Organizations: House, REUTERS, Rights, Naval, Ford, Forces Initiative, United Service Organizations, Robert Irvine Foundation, Franklin Paul Our, Thomson Locations: Washington, Norfolk, Norfolk , Virginia, Nantucket, Israel

☆ Goldman thinks oil is headed higher again and recommends an options trade to profit from the rebound
▼ + stars: | 2023-11-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

The recent pullback in crude has made call options on U.S. oil an attractive hedge against continued geopolitical and inflation risks that could push prices higher, according to Goldman Sachs. The investment bank recommends buying a $71 United States Oil ETF call for April 2024 to profit from a jump in prices. Investors would see an estimated return of 90% if WTI hits $88 a barrel by April, according to Goldman. The implied volatility in oil prices rose significantly in October due to the Israel-Hamas war, but option prices have since fallen and are now below the 1-year average. For equity investors, call options on S & P Oil & Gas , Energy Select Sector SPDR , Occidental and ConocoPhillips are the most attractive ahead of the OPEC meeting, according to Goldman.

Persons: Goldman Sachs, Goldman, Arun Prakash Organizations: West Texas, United States Oil, . Oil Fund ETF, P Oil & Gas, Energy, ConocoPhillips Locations: Israel, Occidental

☆ I moved to a US military base in South Korea with a month's notice. I love it so much I'm dreading going back to America.
▼ + stars: | 2023-10-12 | by ( Elle Hardy | ) www.businessinsider.com time to read: +9 min

Amber Griffiths moved to Camp Humphreys in South Korea last October after her husband was assigned there. AdvertisementAdvertisementThis as-told-to essay is based on a conversation with Amber Griffiths, a 25-year-old military wife, mother, and owner of a baking business. Since my husband is in the military, we knew our life could be incredibly unpredictable, but it was still kind of crazy. In that time, we had to get everything packed, say goodbye to friends and family, and ship our car overseas. We've made so many good memories that I'm dreading going back to AmericaI didn't think I was going to love living in another country as much as I do.

Persons: Amber Griffiths, Camp Humphreys, —, Baskin, Robbins, Griffiths, I'd, Everyone's, there's, we've, We've, I've Organizations: Service, United Service, USO, Google Locations: South Korea, Fort Hood , Texas, Seoul, —, Korea, America, There's, Texas, Australia

We'll show you exactly how and where to watch Fastlane live streams once the fireworks go off. How to watch WWE Fastlane live streams from anywhereYou can use a VPN to watch Fastlane live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Fastlane in CanadaFastlane will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Fastlane in AustraliaBinge is the primary destination for Fastlane in Australia. WWE Fastlane match cardAhead, we list a schedule of all the matches taking place at Fastlane.

Persons: John Cena, Uso, Rey Mysterio, Bobby Lashley, Charlotte Flair, Seth, Freakin, Rollins, Shinsuke Nakamura, Cody Rhodes, Peacock, Canada's, It's, ExpressVPN, NBC Peacock, Jimmy Uso, Finn Bálor, Damian Priest Organizations: WWE, LA, Uso, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Sportsnet, LA Knight Locations: Indianapolis, United States, Australia, Canada, Fastlane

☆ Final Trade: DAL, USO and ARM
▼ + stars: | 2023-09-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trade: DAL, USO and ARMThe final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.

Persons: CNBC’s Melissa Lee Organizations: DAL, USO, ARM, Fast Money

☆ Don't look now, but oil has formed a 'golden cross' chart pattern
▼ + stars: | 2023-09-05 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

A golden cross is when the 50-day moving average breaks above the 200-day moving average. Some chart analysts think the 200-day moving average needs to be ascending for it to count as a "golden cross." "On August 24th a golden cross occurred. One way for investors to gain exposure to the move in oil prices is through exchange-traded funds that buy oil futures contracts, such as the United States Oil Fund (USO) . There are also leveraged funds such as the Ultra Bloomberg Crude Oil ETF (UCO) that are riskier bets but could generate big returns if the oil market rally does continue.

Persons: Paul Ciana, Ciana, Chris Verrone, Verrone, — CNBC's Michael Bloom Organizations: Bank of America, Texas, Energy, Saudi Press Agency, United States Oil Fund, Ultra Bloomberg, Oil Locations: Saudi Arabia

How to watch WWE Summerslam live streams from anywhereYou can use a VPN to watch Summerslam live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Summerslam in the UKTNT Sports Box Office will show Summerslam in the UK via providers Sky, Virgin Media, and BT TV. How to watch WWE Summerslam in CanadaSummerslam will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Summerslam in AustraliaBinge is the primary destination for Summerslam in Australia. WWE Summerslam match cardAhead, we list a schedule of all the matches taking place at Summerslam in Detroit, MI.

Persons: Peacock, Roman, We'll, Seth, Freakin, Rollins, Finn Balor, Cody Rhodes, Brock Lesnar, Canada's, It's, ExpressVPN, CEST, NBC Peacock, Brock Lesnar Asuka, Bianca Belair, Charlotte Flair, Logan Paul Gunther, Drew Mcintyre, Shayna Organizations: Ford, WWE, Universal, Tribal, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Sportsnet, Triple, Ronda Locations: United States, Australia, Canada, Detroit , MI

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