Canadian Oil Sands, Penn West Energy Protected on the Downside [View article]
You can pair PWE/PGH/HTE and PVX against a 50% position in DUG to keep your principal (in theory) market neutral, while extracting ~ 15% dividend yield. If you are betting on oil going up, don't do DUG and get 15% + upside in the stock price.
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You can pair PWE/PGH/HTE and PVX against a 50% position in DUG to keep your principal (in theory) market neutral, while extracting ~ 15% dividend yield. If you are betting on oil going up, don't do DUG and get 15% + upside in the stock price.
Aug 04 11:33 am
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All Comments by DSB »Canadian Oil Sands, Penn West Energy Protected on the Downside [View article]