Subject: Re: considering coat tailing OXY
If you want optionality, there are plenty of Jan '27 options (and option combinations) available right now to play with.

And they are incredibly cheap. The DITM calls on XLE you can get 2X leverage at under 1% implied interest rate.

But who knows what the price of oil will be 2 1/2 years from now. Maybe a crash, but most likely not.