OIH'ers, Whats Next?

[JPatrick]

OIH up big again to $112.73 at the moment.
Looks to me like we must get down to $106 before it is safe to add more $$$.
Ideas?  Are thse profits starting to embarrass you yet?

 

[wabmester]

Switch to Vanguard for more diversity, lower volatility, better returns, and higher dividend yield?

 

[JPatrick]

Switch to Vanguard for more diversity, lower volatility, better returns, and higher dividend yield?

Perhaps a mild case of apples/oranges in your comparison.  Try vanguard against XLE and/or FSENX.
Not only that, vanguard can't do what OIH can do
Just sold AUG 115 calls for $2.20 8)

 

[wabmester]

Yup, if you're going to play options, ETFs are the only way to go. This sector has had a great run however you played it. Personally, big caps with big P/Es scare me. No idea when it's going to end, though.