BWET Breakwave Tanker Shipping ETF

$BWET $WTI $USO Good morning. The cost of shipping 2 million barrels of oil jumped another +14.3% today to $18.15 per barrel.

Two developments today matter for tanker freight: U.S. Central Command spokesperson says the Strait of Hormuz blockade remains “highly effective,” while commercial shipping continues under elevated security risk. Lloyd’s List Intelligence reports that tanker activity is still well below pre-conflict levels, while crude tanker spot rates are simultaneously surging across segments and routes. It also says vessel availability is tightening & charterers are locking in longer-term tanker capacity. Reuters reported VLCC rates recently reached record levels, with Gulf of Oman–China rates around $11.50/barrel. For $BWET, the key variable ISN’T oil price, it’s tanker FREIGHT RATES. As long as Hormuz/Red Sea disruptions keep vessels constrained & voyages disrupted, the setup remains supportive. Sources: Lloyd’s List Intelligence; Reuters; and Al Jazeera (English) $DHT $CL_F

$BWET everybody knows Trump lied once again and Iran war isn’t ending anytime soon, they just needed a good entry on oil / tanker stocks 🤦

$BWET anyone who is bullish thinking BWET can go back to $900 is gonna be rugpulled. Look at how much BWET was a few weeks ago and 2 weeks ago. This thing was $123. This bubble could go to $800 and in a day it showed us how it can dropped by $150. I believe this is going to be $400 and lower.

$BWET it's safe to say I underestimated the value of this company. Let's the games continue

Another tanker was reportedly hit in the Strait of Hormuz yesterday. That brings the total to 5 reported tanker/vessel strikes in roughly 3 days. Sept. 28, three incidents; one on Sept. 29; and another on Oct. 1st. For $BWET, this matters because continued attacks can increase war-risk premiums, rerouting, insurance costs and tanker freight rates. IYKYK NFA Source: UKMTO / SeaTrade Maritime UKMTO incident reports (UKMTO) $BWET $DHT $FRO $STNG

$BWET retarded people 🙄 nice to see you all! Freight normally 30 k to 50 k ! For you 800k to 1000 k ! Keep pushing please 🙏 🙌 🙂 💪

$BWET continues to present what I view as a strong buying opportunity. The midterms remain a key geopolitical stressor, while the risk of further escalation around the Strait of Hormuz remains significant. The underlying freight market continues to support elevated pricing. BWET is primarily exposed to TD3C Middle East Gulf-to-China VLCC futures. Physical vessel availability in the Arabian Gulf also remains well below recent averages, keeping upward pressure on rates. (Amplify; Sparta Commodities. The thesis remains straightforward: tight vessel supply, elevated freight rates, strong Asian demand, persistent security risks and the potential for further escalation remain supportive of BWET. The primary downside risk remains meaningful de-escalation and normalization of Hormuz traffic.

$BWET remains the more punctual indicator about the situation in Hormuz. From $20 to 1000 YTD.

$BWET Trimmed a little. I was going to sell half at $1000 but the situation is more bullish than ever.

Iran ceasefire talks hit a roadblock AGAIN. Wall Street Journal reported Trump REJECTED Iran’s proposed ceasefire when Iran offered to reopen the Strait of Hormuz & resume nuclear talks in exchange for sanctions relief & an end to the U.S. blockade. Iran hoped that a ceasefire would favour Trump for its upcoming midterm. For markets, the key issue remains HORMUZ & TANKER RATES. Prolonged disruption would mean shipping costs elevated, while if another deal strikes to reopen the Strait of Hormuz could quickly reverse that. However, no such news of any other ceasefire exists at this time. $BWET may be the biggest beneficiary to this news & also could potentially pull off a short squeeze as they were piled in drastically from the past week’s news through talks between Trump, Xi, & Pezeshkian. Other tickers to watch for: $FRO $INSW $DHT $XLE

$BWET This war is going to take years to end, Iranians want 100% concessions. Do you think our president is going to give them what they want. NOPE!

$BWET $800 tomorrow. It seems like just last week I was calling $600 when it was $500. Oh wait, that was last week. I think. The situation is still bullish. Donald says he's talking to Iran. I doubt that. He should've remembered how Iran treated Jimmy Carter before getting into this foolish war. I'd still be a Republican if it weren't for Trump!

$BWET cost of oil is rising, cost of shipping is rising, this is a win. Holding until the war turns toward a resolution.

$BWET From $ 14.32 in a year. Oil tankers futures without the need for a futures account. The tanker rates were 50 to 100k per day .The rates now are around one million per day.When the rates plummet so will this .

$BWET By the way, two ships passed through Hormuz yesterday. And Houthis still control Red Sea shipping. Also, the US still hates Iran and Iran still hates the US. Do the math.

$BWET There is a material new deterioration at Hormuz. Fresh Reuters/Kpler data published Sept. 17 show only 3 commercial vessels transited the Strait on Wednesday, down from 12 the previous day and versus a 10-day average of 17. Two of those three movements involved “dark” routing/AIS limitations, so the exact count has uncertainty, but there is still no evidence of meaningful normalization in tanker traffic. �Reuters The Red Sea side also remains stressed: Bab el-Mandeb traffic slipped to 21 vessels from 24, while the Houthi advance along Yemen's Red Sea coast continues to increase the threat around that second chokepoint. �Reuters Bottom line for BWET: 🟢 the freight thesis has strengthened, not weakened. Hormuz traffic just fell from an already severely depressed level, which keeps effective VLCC availability constrained and supports the extreme freight-rate environment.

$BWET this shit had no freaking volume on this move up. I think short with leap put will make money here!!!

$BWET Israel's got one hand up Trump's a-hole, but Iran's grabbing his balls and throat at the same time

$BWET If it reclaims $700 quickly, I would interpret Tuesday’s collapse much more as a violent profit-taking event. If it stays below $700 and particularly breaks the ~$575–600 intraday area, I’d become substantially more defensive. The underlying tanker situation remains extraordinary, and the yesterday’s selloff happened while shipping fundamentals were still exceptionally tight. Still bullish on the underlying freight catalyst, but more cautious on the short-term price behavior.