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S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : XOM for option traders

Date January 5, 2010  Edited: January 5, 2010    Comments Comments (0)    Rate this post Recommend This Post (49)   
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Here is my lower risk Calendar spread for XOM
Buy Feb 70 Call XOMBN and sell Jan 70 Call XOMAN for net debit of MAX 95 Cents
XOM is sitting in basement due to its purchase of XTO about 8 days ago.
In my opinion it will work its way up and you have up to next 20 days to be right or wrong.

I also like RDC at present valuation and a dip will be a buy in my own trading account.
Tags : XOM   USO   RDC  

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