### Comment:
O yeah don't get me wrong, equities are still comically overvalued hence my spx bear call spreads but it's hard to imagine oil pulling another massive drop even with decreased global supply overall. Got in at 9.71 ah. Currently deciding if covered calls are worth it with premiums at 20 cents

### REPLY:
Oil went to 28 not too.long ago. I think 2016. Early in the year too. Without Iranian supply. I wouldnt say this is the pil bottom but good bet on your part. Just dont be shocked if oil goes under40 


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