I opened
$BP PLC(BP)$ ,Adding a small position just in case tension escalates. BP is likely to rise during times of war, especially if the conflict impacts oil-producing regions or supply chains. This occurs because wars often disrupt global oil supply, causing prices to rise due to reduced output or trade restrictions. As a major oil company, BP benefits from higher oil prices, which can significantly increase its revenue and profitability.
Side | Price | Realized P&L |
---|
Buy Open | 31.80 | -7.95% Holding |
BP PLCTrade Feed: Who is your favorite star traders?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments