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Rollie12

XOM to test the highs

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Exxon Mobil (NYSE:XOM)  
Rollie12  
NYSE:XOM   Exxon Mobil
Chart Patterns Fundamental Analysis Oil XOM summertred options-strategy
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chartpattern fundamental oil xom summertred options-strategy
XOM has a high probability to test its recent highs. I feel the May 20, 2022 87.5 calls seem cheap, 20% and I'm booking half and letting the rest ride. I am no pro but typically summer months cause oil to rise anyways. We shall see!
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