How Agora Financial's Knuckman Is Trading Occidental Petroleum

The video discusses current market trends, focusing on modest losses and the impact of quadruple witching days on volatility. It highlights the VIX's new swing low and the potential for increased volatility. The discussion shifts to oil market trends, suggesting strategies like taking profits and funding put protection. The video also explores investment options in energy stocks, particularly Occidental Petroleum, and predicts potential market movements.

What is the significance of the VIX reaching a new swing low?

• It indicates a decrease in market volatility.

• It shows that oil prices are increasing.

• It suggests an increase in market volatility.

• It means the market is at an all-time high.

Why might investors consider using put protection in the current market?

• Because the S&P 500 is at an all-time high.

• Due to the low implied volatility, which might increase.

• Because oil prices are expected to drop significantly.

• To capitalize on the high volatility of the VIX.

What is the potential benefit of an upward push in oil prices for the stock market?

• It could lead to a decrease in energy stock prices.

• It would cause the VIX to increase.

• It could positively impact energy stocks.

• It might result in a market sell-off.

What is the strategy discussed for Occidental Petroleum?

• Selling all shares immediately.

• Purchasing a January call option.

• Investing in short-term bonds.

• Buying put options to protect against losses.

Why might short sellers be at risk according to the discussion on Occidental Petroleum?

• Due to a lack of market volatility.

• Because the stock is at an all-time high.

• Due to the potential for a short squeeze.

• Because the stock has been consistently rising.