XOM Long PUT Play? 60 days out.
Thoughts on Long Term PUT -60 days?
Reasons:
XOM did the same thing last year at this time. Huge jump in price action
3 gaps created on the daily
Extended away from the 8 ema
Last year it jumped 10 bucks before pulling back. If I look at the liner regression that is really close to being a 10 dollar move from top to bottom right now.
Reasons:
XOM did the same thing last year at this time. Huge jump in price action
3 gaps created on the daily
Extended away from the 8 ema
Last year it jumped 10 bucks before pulling back. If I look at the liner regression that is really close to being a 10 dollar move from top to bottom right now.
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