Oil is in the process of squeezing which will create a relief rally that is much needed. XOM is rejecting the $70 range. I got long on Wednesday at around $72 with monthly XOM calls at 72.50 strike. I am planning on holding through next week and taking profit after tech earnings.
Ryan
Ryan
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.