buy 153 oxy and sell 100 xle or 1530 long oxy 1000 short xlei expect oxy to outperform xle
i made my own ratio based on my own proprietary means of making a ratio that i thought worked.
you pay 215 a year in dividends on 100 xle minues the oxy gains of 85
you pay 2100 a year in xle dividends on 1000 xle minus the oxy dividend gain of 850 per year
this trade is very near its all time low.
i expect the trade to work out and i will exit half when the trade gets to zero
netting 500 on 50 units and netting 5k on 500 units
the second 50 units i would run until about +1000 and exit
this would net
20 x50= 1000 so total gain would be 500 plus 1000 or 1500
on 1000 units this would net $ 15,000
i am putting this trade on tomorrow
is my mathe corect?
