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.

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January 5, 2010
Edited: January 5, 2010
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