EQT Corporation (EQT)

A natural gas play--the biggest in the U.S.--which is more durable than oil, so EQT looks attractive heading into 2023. Crude oil prices have returned to where they were a year ago, but nat gas prices are up 50%.

He'll return to it next year. It's extraordinarily cheap. There's been too much momentum due to everyone calling for a gas shortage in Europe. BTW, they over-stored in Europe, so that shortage may or may not be there. He sold this to buy Chevron which will go down, but will rise back when China eventually re-opens and so will energy prices.

He bought it on Monday and sadly not Tuesday in the market rout. He likes natural gas's supply/demand. Trade this leading up the winter and not during.

options A natural gas producer. He likes what's happening in options here. He will be buying options in it.